Actuarial Method Unearned Interest Loan Calculator

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Posted by Dinesh on

This calculator calculates the annual percentage rate using monthly payment($), term periods, unearned term periods values.

Actuarial Method Unearned Interest Loan Calculation

Formula:



Where,


u = Unearned interest,
p = Monthly payment,
n = No. of remaining monthly payments,
V = Value from APR table that matches the annual percentage of loan rate for the no of remaining payments.

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