Sharp CE-125 - Page 64

1 4 7
1. 00 0
NO . OF INSTALLM E N T =
3 5 . 8 4
INT E REST R A TE =
3 0 0 000 0
INSTA LL M E N T AMO UN T =
1 0 0000
L OAN SI Z E L IMIT =
8 94 1751 5
L OAN SIZ E LIMIT =
12 . 00 0
I N T ER E S T R A T E =
I N S TAL LM E N T AMOUNT =
1800 0 00 0
8 . 0 0
PRINTED OUTPUTS
N O . O F IN S T AL LMEN T=
1 2 / 1 2 %
I n t e r est r ate
2 . Ca l cu l a t i on of h ow many m on ths i t w ill tak e to r ep ay t he l o a n if you
bo rr ow ed 3 , 000 , 000 at an an nua l i n teres t rat e of 1 2 % and w e r e ca p ab l e
of p ay in g 100 , 000 back pe r m o nth .
L o a n s i ze 3000000
M on t h l y in s tallm e nt am o un t = 100000 in pu t
= 1 2 %
I n t er est ra te
Ye ar l y p a y m e n t = 1 5 0000 0 x 12
N u mb er o f in st a ll me n ts = 8 i npu t
1 . Ca l c ul a t ion o f th e lim it o n t h e s iz e of th e l o a n w he n t h e r e p ayment
pe r io d i s 8 yea r s an d th e mo n t h l y inst allm e nt s are 1,500,0 00 at an
a nnu a l i n t e r e st r at e o f 12 %.
EXAMPLE
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