Period payment(given balance after k payments,balance index,initial balance and period rate)

Formula

Period payment(given balance after k payments,balance index,initial balance and period rate) formula
p
period (monthly) payment
Bk
balance after k payments
B0
initial balance (loan principal)
r
period rate for monthly payments
k
balance index

Formula description

The balance of a loan by repeated substitution.

Calculator (how to use calculator?)

Period payment(given balance after k payments,balance index,initial balance and period rate) formula
Bk
B0
r
k
p
Precision

Formula code

  • C
  • C#
  • C++
  • Java
  • JavaScript
  • LaTeX
  • PHP







References

  1. Wikepedia:Formulae.

Comment or add more code

If you cannot find the formula or calculator you want, please tell us what you want and we will add it for you ASAP. If you want anything else or find any error on this page, please just let us know. If you know the formula in other languages, you are welcome to add it. Thanks for contributing to wikicalculator.com!
  • Comment
  • Add code for the formula
Please help us do better by providing your opinions(<= 500 characters):
Language:(<= 500 characters)