Quarterly Repayment Amount Formula
Equation for calculate quarterly repayment amount is,
A = [ (1+r)2 + (1+r)1 + 1 ]
Where,A = Quarterly Repayment Amount
r = Rate of Interest (i) ÷ 1200
A = Quarterly Repayment Amount
r = Rate of Interest (i) ÷ 1200
Equation for calculate quarterly repayment amount is,
A = [ (1+r)2 + (1+r)1 + 1 ]
Where,