how can i add grace months? Exactly how should I calculate one to? something else is the fact my yearly rate of interest varies during the the new elegance several months and you may leftover months. I just cannot put these details regarding the amortization shcedule
Say, K1000 is financing out to customers with an intention price out of 20% in addition to a handling commission out of 2% towards loan amount. How much would be paid more 5 fortnights or to sixteen a couple of weeks (8 months).
Zero. away from costs within the fortnights Amount (Kina) 5 6 7 8 nine ten eleven several 13 14 fifteen 16 17 five-hundred 600 700 a lot of 1500 2000 Number increases