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SURVO MM

Loan interest and payment

Beginning status (before activation):
   1 *
   2 *The monthly amount of loan interest and payment is computed with function
   3 *     mon_pay(s,p,n):=FIN.PMT(s,p/12,12*n)            ACCURACY=2
   4 *where
   5 *     s is the loan amount,
   6 *     p is the annual interest rate in percentages, and
   7 *     n is the loan period in years.
   8 *
   9 *For example, when s=450000, for different interest rates and loan periods
  10 *we obtain results like
  11 *mon_pay(s,7,10).=
  12 *mon_pay(s,7,15).=
  13 *mon_pay(s,6.5,15).=  
  14 *

Ending status (after activation):
   1 *
   2 *The monthly amount of loan interest and payment is computed with function
   3 *     mon_pay(s,p,n):=FIN.PMT(s,p/12,12*n)            ACCURACY=2
   4 *where
   5 *     s is the loan amount,
   6 *     p is the annual interest rate in percentages, and
   7 *     n is the loan period in years.
   8 *
   9 *For example, when s=450000, for different interest rates and loan periods
  10 *we obtain results like
  11 *mon_pay(s,7,10).=5225
  12 *mon_pay(s,7,15).=4045
  13 *mon_pay(s,6.5,15).=3920
  14 *

This is an example of simultaneous activation (all results in one).

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