[snip]
This seems like a somewhat standard calculation for loans and interest
bearing accounts. Does anyone know how to calculate the graduation
factor? I've been able to figure out it's based off the loan term, loan
balance, and initial interest rate.
[/snip]
It is called amortization ...
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On Tuesday 19 September 2006 10:20, Jay Blanchard wrote:
[snip]
This seems like a somewhat standard calculation for loans and interest
bearing accounts. Does anyone know how to calculate the graduation
factor? I've been able to figure out it's based off the loan term, loan
balance, and
[snip]
[snip]
This seems like a somewhat standard calculation for loans and
interest
bearing accounts. Does anyone know how to calculate the
graduation
factor? I've been able to figure out it's based off the loan
term, loan balance, and initial interest rate.
On Tuesday 19 September 2006 10:25, Jay Blanchard wrote:
[snip]
[snip]
This seems like a somewhat standard calculation for loans and
interest
bearing accounts. Does anyone know how to calculate the
graduation
factor? I've been able to figure out it's based off the
On Tuesday 19 September 2006 10:34, Ray Hauge wrote:
http://en.wikipedia.org/wiki/Amortization_%28business%29
Actually, Im not so sure that's what I was looking for. These loans are
student loans, which differ slightly from mortgage loans. Usually the market
determines the adjustment in an
On Tuesday 19 September 2006 10:38, Ray Hauge wrote:
On Tuesday 19 September 2006 10:34, Ray Hauge wrote:
http://en.wikipedia.org/wiki/Amortization_%28business%29
Actually, Im not so sure that's what I was looking for. These loans are
student loans, which differ slightly from mortgage
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