to calculate emi for amount period and interest in python. html>mkai
to calculate emi for amount period and interest in python Amount = Principle * (1 + Rate / 100)^Time. input_loan = 5e5 input_years = 30 scenario1 = amortization_schedule ( 4. 3. But EMI is a positive number. We will use the IPMT function to calculate the interest payments during months 1 and 2 of a $50,000 loan, which is to be paid off in full after 5 years. All you need to do is enter a few details of the loan, including: Loan amount. Suppose, you deposit some amount in your bank, and want to calculate what will be the amount your bank will finally give you after adding interest, we can calculate that using simple interest. Given principle, Rate, Time, and the task are to calculate EMI for the given … Annual Interest Rate: 5. That is the period you pay your principal amount ( equal installments). ; R is interest rate per month - we will read in yearly and convert in monthly in program. 4. 00, input_loan, input_years) … SI = Simple Interest P = Principal amount (invested or borrowed) R = Rate of interest T = Time period (investment or loan Simple Interest Calculator Use Bankrate's simple loan payment calculator to calculate your monthly payment for any type of loan. Cari pekerjaan yang berkaitan dengan Write a python program to calculate emi for amount period and interest atau merekrut di pasar freelancing terbesar di dunia dengan 22j+ pekerjaan. principal = input ("How much money do you currently have in the bank . Here You can calculate YZF-R15M standard monthly EMI, Down payment, interest rate & loan tenure. Solution :- Static :- amount = 200000 period = 5 rate = 7. Equated monthly . g. Calculate the Monthly EMI of Yamaha YZF-R15M standard with the BikeJunction EMI Calculator. 5. Interest Calculator Let the user calculate the amount of money they will have in the bank after their interest has compounded for a certain number of years. A. e principal amount R = Interest rate per month T = Loan time period. Example: Output: future value irr mirr net present value nper pmt present value SBI Car Loan EMI Calculator Repayment Period, 7 Years Maximum Interest Rates, 8. For example, if you avail a loan of Rs. Ipm = P * R / 12 and find out the interest part in the EMI. Here's the formula to calculate EMI: where. 100+ Subjects. Calculate the Monthly EMI of CFMoto 450 SR standard with the BikeJunction EMI Calculator. Participate Now! Let’s see the calculator in action… EMI calculator: let’s check the EMI for a loan amount of 10000 at an interest of 20% per annum for a period of 1 year. To calculate profit-loss for a given Cost and Sell Price. Interest is charged at a rate of 5% per year and the payment of the loan is to be made at the end of each month. If . Write a program that lets the user enter the loan amount and loan period in number of years and displays the monthly and … The mathematical formula to calculate EMI is: EMI = P × r × (1 + r)n/ ( (1 + r)n – 1) where P= Loan amount, r= interest rate, n=tenure in number of months. Here is the python code to calculate the EMI in python. Equated Monthly Installment - EMI: An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. To calculate Simple and Compound interest. 4 Output: Compound Interest = 133. Interest Rate Theory and Practice with Python — Simple Interest Rate | by Bee Guan Teo | Towards Data Science Write Sign up Sign In 500 Apologies, but something went wrong on our end. This Python program calculates an equated monthly installment (EMI). 1. Part 1: Code Implementation of EMI &… | by Nioneer | Python in Plain English Write Sign up Sign In 500 Apologies, but something went wrong on our end. class EMI_CALCULATOR (object): # Data attributes # Helps to calculate EMI Loan_amount = None # assigning none values Month_Payment = None # assigning none values Interest_rate = None #assigning none values Payment_period = None #assigning none values def get_loan_amount (self): Busca trabajos relacionados con Write a python program to calculate emi for amount period and interest o contrata en el mercado de freelancing más grande del mundo con más de 22m de trabajos. EMI Calculation Methods Calculating EMI has a Simple Formula, Which is As Follows: EMI = (P X R/12) X [(1+R/12) ^N] / [(1+R/12) ^N-1]. The following code shows how to calculate the ending value of this investment after 10 years: #define principal, interest rate, compounding periods per year, and total years P = 5000 r = . R is interest rate per month - we will read in yearly and convert in monthly in program. Compound Interest = Amount – Principle Python Program to Calculate Simple Interest and Compound Interest ? 3. Just enter the loan amount, interest rate, loan term, first payment date, payment frequency and loan compounding period. r represents the Rate of Interest per year in decimal; r . r is rate of interest calculated on monthly basis. 5 lakh at an interest rate of 12% for a tenure of 48 months Get the input from user (e. To calculate tax - GST / Income Tax. To make this program, we need three variables “Principle”, “Rate”, “Time”. 18316863206525 The monthly loan payment is … How to calculate the EMI on your loan The loan amount along with the accrued interest is divided equally over a period which is the loan tenure. Let’s understand with some examples that . Calculation of EMI in Python For the calculation of EMI, we need to have some data like Principal amount (P), Rate of interest (R) and Time period (T), and EMI is calculated by the given formula:- EMI = (P*R* (1+R)T)/ ( (1+R)T-1) Here, P = Principal … 1- use underlines instead of camelCase when coding in python 2- make use of string formatting instead of str () when printing 3- for is a better choice than while here 4- no need to overuse parenthesis when they are not needed Equated Monthly Installment (EMI) Definition You can check the EMI in Excel by using the formula PMT. Write a Python program to calculate EMI for Amount, Period and Interest. , B. E M I = P V × i × [ ( 1 + i) n ( 1 + i) n − 1] Where: EMI = Equated Monthly Installment. This can be used as EMI Calculator for Banks like HDFC, ICICI, … Program Explanation. mortgage = 400000. This calculator is used to calculate per month EMI of loan amount if loan amount that is principal, rate of interest and time in years is given as input. Search for jobs related to Write a python program to calculate emi for amount period and interest or hire on the world's largest freelancing marketplace with 22m+ jobs. and interest rate into the car loan EMI calculator and click on ' Calculate Loan Tenure. Calculate EMI, Affordability, Tenure & Interest Rate This Loan Tenure Calculator will help you to calculate Loan Tenure from EMI, Loan Amount & Interest EMI Repayment Schedule / … This scripts helps us to easily calculate the EMI using details like Loan Amount, Interest Per Annum, Period In Months Compilation Steps : Install tkinter, PIL, fpdf After that download the code file, and run EMI_calculator. 5 interest = amount * period * rate /100 … Let’s assume a $500k loan for a standard length of 30 years with a few varying interest rates. Calculate EMI, Affordability, Tenure & Interest Rate This Loan Tenure Calculator will help you to calculate Loan Tenure from EMI, Loan Amount & Interest EMI Repayment Schedule / … Equated Monthly Installment (EMI) Definition You can check the EMI in Excel by using the formula PMT. 5 lakh at an interest rate of 12% for a tenure of 48 months The calculator will be capable of calculating the total amount and monthly payment based on the loan amount, period and interest rate. intimate wife pics EMIis calculated using following formula: EMI= p * r * (1+r)n/ ( (1+r)n-1) Where: p = Principal or Loan Amountr = InterestRate Per Month n = Number of monthly installments If the interestrate per annum is R% then interestrate per month is calculated using: Python Program to Calculate EMI - BTech Geeks EMI Calculator Calculate EMI (Equated Monthly Installment) for a fixed rate loan spanned across years with annual and monthly amortization tables. =-PMT (D6,D7,D5) Then press the ENTER Formula Breakdown D5 is the total Loan Amount. Interest rates offered by different banks may vary and you will be able to quickly determine your monthly payment under all scenarios. Bee Guan Teo 1. kymco mxu 150 speed limiter removal; acrylic nails salons near me Search for jobs related to Write a python program to calculate emi for amount period and interest or hire on the world's largest freelancing marketplace with 20m+ jobs. EMI Calculator: This program will read total loan amount (principal), rate and time in years and prints the per month EMI of that loan amount. If rate of interest is 10. 25% Lowest EMI, 1579/Lakh Minimum Income Required, 25000 per month . Annual Interest Rate: 5. def calculate_amortization_amount(principal, interest_rate, period): x = (1 + interest_rate) ** period return principal * (interest_rate * x) / (x - 1) Cari pekerjaan yang berkaitan dengan Write a python program to calculate emi for amount period and interest atau merekrut di pasar freelancing terbesar di dunia dengan 22j+ pekerjaan. How to calculate EMI value for this?. The higher the loan amount or interest rate, the … How do we calculate bank staff car loan EMI on simple interest This formula is also used by Banking Industries for calculating interest on Saving Bank accounts and Short Term Deposits. To calculate EMI for Amount, Period and Interest, Given a principal amount, rate of interest, monthly or quarterly installment terms and duration of loan in months/years and print EMI amount. To calculate EMI for Amount, Period and Interest. Deal with math. It's free to sign up and bid on jobs. Math can be tough to wrap … Equated Monthly Installment (EMI) Definition You can check the EMI in Excel by using the formula PMT. years = 30. SBI Car Loan EMI Calculator Repayment Period, 7 Years Maximum Interest Rates, 8. Interest Calculator In Python. 2%; We can use the following code to calculate the necessary monthly loan payment: #define initial size of loan, duration of loan, and annual interest rate P = 40000 months = 120 rate = . r. ; T is loan time period in year - we will … EMI and SIP Calculator in Python. 75. Example 2. Comparison is based on 4 different criteria; … How do we calculate bank staff car loan EMI on simple interest This formula is also used by Banking Industries for calculating interest on Saving Bank accounts and Short Term Deposits. To find the largest and smallest . The simple interest is later printed. Simple Interest = (Principle * Rate * Time) / 100 Amount = Principle * (1 + Rate / 100)^Time. Here, P is the original loan amount or principal, R is the rate of interest that is applicable per annum and N is the number of monthly installments/ loan tenure. Gratis mendaftar dan menawar pekerjaan. EMI= (P*R* (1+R)T)/ ( (1+R)T-1) Here, P = Principal amountor loan amount; R = Interestrate per month; T = Loan time periodin year. Net_price = 741. 18316863206525 The monthly loan payment is … SBI Car Loan EMI Calculator Repayment Period, 7 Years Maximum Interest Rates, 8. The first thing is the rate, so the interest rate selects the B6 cell. 0083) 12 -1) We will use the following basic formulas of mathematics to make Python Program to Calculate Simple Interest and Compound Interest. 8. Updated: 10 Apr 2021, 10:25 AM IST Staff Writer Higher the rate of interest, the higher will be the EMI. Es gratis registrarse y presentar tus propuestas laborales. Nioneer 13 Followers the wife upstairs freida mcfadden book club questions. Enter the amount you wish to borrow along with the interest rate and tenure to determine your EMI. So, in finance sector it is known as EMI. To calculate perimeter/circumference and area of shapes such as triangle, rectangle, square and circle. D7 is the Duration. PV = Loan Amount … Calculate tenure based on emi - P is the original loan amount or principal, R is the rate of interest that is applicable per annum and N is the number of. 3K Followers Busca trabajos relacionados con Write a python program to calculate emi for amount period and interest o contrata en el mercado de freelancing más grande del mundo con más de 22m de trabajos. Hidden Rows and Columns. (Photo: iStock) EMI. Simple interest emi calculator for bank staff car loan - How is EMI calculated for a car loan? . start_date = (date (2021, 1, 1)) Here’s the Numpy equivalent of the PMT formula in Excel. The formula used in this program is: (P*R*(1+R) T)/(((1+R) T)-1) Here, P is loan amount. 5 lakh at an interest rate of 12% for a tenure of 48 months Interest portion of monthly instalment can be easily calculated using IPMT function in MS Excel. To … Search for jobs related to Write a python program to calculate emi for amount period and interest or hire on the world's largest freelancing marketplace with 22m+ jobs. class EMI_CALCULATOR(object): # Data attributes # Helps to calculate EMI Loan_amount = None # assigning none values Month_Payment = None # assigning none values Interest_rate = None #assigning . Here You can calculate 450 SR standard monthly EMI, Down payment, interest rate & loan tenure. The formula to calculate compound interest annually is given by: A = P (1 + R/100) t Compound Interest = A – P Where, A is amount P is the principal amount R is the rate and T is the time span Example: Input: Principal (amount): 1200, Time: 2, Rate: 5. . The formula used in this program is: (P*R* (1+R)T)/ ( ( (1+R)T)-1) Here, P is loan amount. rate of interest (10/100/12) for a period of 2 years i. ) – Hoog Here You can calculate YZF-R15M standard monthly EMI, Down payment, interest rate & loan tenure. I want to create script for monthly EMI Calculation. EMI is calculated using following formula: EMI = p * r * (1+r)n/ ( (1+r)n-1) Where: p = Principal or Loan … For the calculation of EMI, we need to have some data like Principal amount(P), Rate of interest(R) and Time period(T), and EMIis calculated by the given formula:-. Confidentiality. e. We calculate the interest on your mortgage daily so all overpayments will reduce the interest you pay the following day. Loan Amount ₹ Loan Term years Interest Rate % Flat -vs- Reducing Balance Interest Rate Check the EMI Calculations for Flat vs Reducing Balance Interest Rate Loan Amount ₹ Loan Term years Flat Rate % EMI Calculation Methods Calculating EMI has a Simple Formula, Which is As Follows: EMI = (P X R/12) X [(1+R/12) ^N] / [(1+R/12) ^N-1]. Loan Amount Calculator / Loan Affordability . Since we have two anchor points to check this answer . 5/12/100=0. blu m8l firmware. Then the script will start running and user can explore it by calculating EMI and generating the PDF. Equated Monthly Installment (EMI) Definition You can check the EMI in Excel by using the formula PMT. . Interest on Car Loans and Other Equated Monthly Installment (EMI) Definition You can check the EMI in Excel by using the formula PMT. 0083)/ ( (1+0. The number of loan EMIs is equal to EMI = (P*R* (1+R)T)/ ( (1+R)T-1) where P = Principle T = Time R = Rate of interest. Formula: E = (P. 2. The composition of an EMI can change from month to month. The formula: (amount*time*rate)/100 is used to compute simple interest. 5 lakh at an interest rate of 12% for a tenure of 48 months Conforming fixed-rate estimated monthly payment and APR example: A $225,000 loan amount with a 30-year term at an interest rate of 3. 7. Figure out math equations. Divide total period by 3. 10000, interest rate = 12% and period is 3 months. Here You can calculate Ahava standard monthly EMI, Down payment, interest rate & loan tenure. Tech. Create DataFrames from JSON files using PythonNotebooks. Refresh the page, check Medium ’s site status, or find something interesting to read. The output of the PMT function is a negative number. A 30 year mortgage (360 months) can be reduced to about 24 years (279 months) - this represents a savings of 6 years!. D6 is the Monthly Interest Rate. 06 n = 1 t = 10 … Ipm = P * R / 12 and find out the interest part in the EMI. We will use the following basic formulas of mathematics to make Python Program to Calculate Simple Interest and Compound Interest. Thanks for the help, it also helps me to understand math more, honestly this app is good! Some who say it isn't, it's a very good app and is . Easy way to calculate emi The loan amount along with the accrued interest is divided equally over a period which is the loan tenure. Calculate EMI, Affordability, Tenure & Interest Rate This Loan Tenure Calculator will help you to calculate Loan Tenure from EMI, Loan Amount & Interest EMI Repayment Schedule / … 1 Python allows floats, it just does not default to float all of the time. 250 per month, N= 60 months Busca trabajos relacionados con Write a python program to calculate emi for amount period and interest o contrata en el mercado de freelancing más grande del mundo con más de 22m de trabajos. While the Principal repayment component of the EMI increases, the interest component decreases with the vintage of the loan. The formula to calculate EMI: E = P x r x ( 1 + r )n / ( ( 1 + r )n - 1 ) where E is EMI, P is Principal Loan Amount, r is monthly rate of interest (For eg. 25% Lowest EMI, 1579/Lakh Minimum Income Required, 25000 per month Solve My Task Figure out math problem EMI Calculator This calculator is available on the homepage of our website and is provided again here for your convenience. Math can be tough to wrap … Calculate the Monthly EMI of Eeve Ahava standard with the BikeJunction EMI Calculator. a. a) Let us assume you are repaying regular Rs. 052 #calculate monthly payment (rate/12) * (1/(1-(1+rate/12) ** (-months))) * P 428. Overview: The Python library numpy has the functions ppmt () and ipmt () to calculate the monthly principal payment and interest payment. 100000 at 10 % annual interest for a period of 12 months. The formula to be used will be =IPMT ( 5%/12, 1, 60, … Output:-. The number of loan EMIs is equal to Solve Now. Example 1: Compound Interest Formula with Annual Compounding. Simple interest is a quick method of calculating the interest charge on a loan. Original_price = 504. program for loan amount and loan period. Suppose we invest $5,000 into an investment that compounds at 6% annually. Math is all about solving equations and finding the right answer. We can calculate the amortization amount using the Python code below. GST = 25%. , calculate EMI for loan amount of 2,00,000 at 10% p. from emi … Equated Monthly Installment (EMI) Definition You can check the EMI in Excel by using the formula PMT. 06 n = 1 t = 10 … This calculator will solve for the Equated Monthly Installment ( EMI) of a loan using the following formula for EMI. 5 lakh at an interest rate of 12% for a tenure of 48 months If you are trying to compute the amount of interest you will pay on a loan or the balance after an elapsed time, a closed form equation exists that doesnt require … Given a principal amount, rate of interest, monthly or quarterly installment terms and duration of loan in months/years and print EMI amount. Subscribe the Channel for all Study Material related to Computer Science – B. If you're looking to reduce your monthly payments or pay your mortgage off sooner, making an … EMI stand for Equated Monthly Installment. P = float(input("Enter the principal amount : ")) N = float(input("Enter the number of years : ")) R = float(input("Enter the rate of interest : ")) SI = (P * N * R)/100 #print print("Simple interest : {}". In the above example, we used the formula which are provided above the code to calculate the GST%, and we used the round function to round the GST% to their nearest integer value. py on local system. 00875) n is loan term / tenure / duration in number of months. Input format:Principal, Rate of … Here You can calculate YZF-R15M standard monthly EMI, Down payment, interest rate & loan tenure. Busca trabajos relacionados con Write a python program to calculate emi for amount period and interest o contrata en el mercado de freelancing más grande del mundo con más de 22m de trabajos. 3K views 2 … Python program to calculate EMI for Amount, Period and Interest. To ensure that float math is used you can add a decimal at the end of one of your number constants, such as: 3/ (100*12. GST_amount = Net_price - Original_price. You're still out $0. format(SI)) Output Enter the principal amount : 1000 Enter the number of years : 2 Enter the rate of interest : 5 Simple interest : 100. , r = Rate of Annual interest/12/100. Sanfoundry Certification Contest of the Month is Live. Where, P is the principal amount. 75 and then multiply it by 2. ) To find . You can also save on interest paid on your loan if you opt for a shorter loan period (provided you can afford the slightly higher monthly payments). IPMT = - ( ( (1+rate)^ (per-1)) * (pv*rate + PMT (rate, nper,pv, … EMI = (P*R* (1+R)T)/ ( (1+R)T-1) where P = Principle T = Time R = Rate of interest. Interest on Car Loans and Other Search for jobs related to Write a python program to calculate emi for amount period and interest or hire on the world's largest freelancing marketplace with 21m+ jobs. Simple Interest formula: Simple interest formula is given by: Simple Interest = (P x T x R)/100. Simple Interest = (Principle * Rate * Time) / 100. Use Online SBI Bank EMI Calculator for Car Here is a calculator to evaluate car loan EMI on basis of amount, interest rate. Note: A = P (1+r)^t where A = total amount, P = principal, r = rate, and t = time. p = float (input ("Enter Principal Loan Amount :-")) r = float (input ("Enter Rate of interest per month :-")) n = float (input ("Enter tenure of loan repayment in months :-")) e = ( p*r . To calculate Total Maturity Amount Value: The simple interest formula for the calculator which is utilized to compute the overall gains accumulated is represented as: A = P (1 + rt) here: A represents the Total accumulated Amount (principal + interest) P represents the Principal Amount. Emi Calculator Excel Sheet With Prepayment Option. User must enter the values for the principle amount, rate and time. This calculator is used to calculate per month EMI of loan amount if loan amount that is principal, rate of interest … The formula used for arriving at the EMI is: EMI = [P x R x (1+R) ^n] / [ (1+R)^ n-1] Here, P= Principal loan amount, R= Rate of interest, n= Number of monthly instalments. Interest is included in it as per regulations of RBI and respective bank's terms. Step #1: Create the main … Cari pekerjaan yang berkaitan dengan Write a python program to calculate emi for amount period and interest atau merekrut di pasar freelancing terbesar di dunia dengan 22j+ pekerjaan. For instance, this line here: interestRate = 3/ (100*12) will do integer division in Python 2 leaving you with interestRate = 0. (i. For a given loan, the sum of the return value of the above two functions is equal to the value returned by the function pmt (). Calculate EMI, Affordability, Tenure & Interest Rate This Loan Tenure Calculator will help you to calculate Loan Tenure from EMI, Loan Amount & Interest EMI Repayment Schedule / … Here You can calculate YZF-R15M standard monthly EMI, Down payment, interest rate & loan tenure. Here You can calculate YZF-R15M standard monthly EMI, Down payment, interest rate & loan tenure. 5% over a 30-year term. SI = (Principal Amount * Rate of Interest * Number of years) / 100 Python Program to Calculate Simple Interest This Python program allows users to enter the Principal … This Excel loan calculator template makes it easy to enter the interest rate, loan amount, and loan period, and see what your monthly principal and interest payments will be. Deal with math Math is a subject that can be difficult for many students. EMI stand for Equated Monthly Installment. To calculate EMI, insert the following formula in cell D9. Know the formula to calculate your home loan EMI 1 min read . By using those values, the program calculates Simple Interest using the above-specified formula. 741,110write a python program to calculate emi for amount period and interestjobs found, pricing in USD First1234NextLast Comparing Data using Python 6 days left Compare data between DataFrames using PythonNotebooks. Calculate EMI, Affordability, Tenure & Interest Rate This Loan Tenure Calculator will help you to calculate Loan Tenure from EMI, Loan Amount & Interest EMI Repayment Schedule / … Example 1: Compound Interest Formula with Annual Compounding. 0 Cari pekerjaan yang berkaitan dengan Write a python program to calculate emi for amount period and interest atau merekrut di pasar freelancing terbesar di dunia dengan 22j+ pekerjaan. Our clients say. An example: Assuming, P= Rs 3 lakh, R= 15 percent per annum= 15/12= 1. 9. Example: Calculate the EMI for the loan amount taken Rs. 099243 Example Python3 Cari pekerjaan yang berkaitan dengan Write a python program to calculate emi for amount period and interest atau merekrut di pasar freelancing terbesar di dunia dengan 22j+ pekerjaan. Sc. Lets say my product value is Rs. SI = (Principal Amount * Rate of Interest * Number of years) / 100 Python Program to Calculate Simple Interest This Python program allows users to enter the Principal Amount, ROI, and Number of years. and M. 40% to 9. (1+r)n) / ((1+r)n – 1) Here, P = loan amount i. Conforming fixed-rate estimated monthly payment and APR example: A $225,000 loan amount with a 30-year term at an interest rate of 3. Solution: Formula: E = P×r× (1 + r) n / ( (1 + r) n - 1) E = 100000 *0. *Minimum 20 Python Programs * Minimum 20 SQL Queries 6 5 Viva 4 6 Project using the concepts learnt in the course 5 Total 30 (Sample problems to be solved using expressions, conditions, loops, list, dictionary, and strings. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments. In remaining months you pay Explain math questions Math can be a tough subject for a lot of people. , M. C. 6. E is EMI. Input format:Principal, Rate of Interest per year, M/Q for Monthly or quarterly installment, duration of year in Year (Y) or Month (M) Example Inputs: Simple interest emi calculator for bank staff car loan - How is EMI calculated for a car loan? . You can also change the start date for the EMI payment schedule. 5% per annum, then r = 10. 5 lakh at an interest rate of 12% for a tenure of 48 months The Instant calculation of Loan EMI , Total Interest Payable and Total Payments to be done. Given principle, Rate, Time, and the task are to calculate EMI for the given input values in … Python Programs | To calculate EMI for given amount, rate of interest and time period #anjaliluthra Anjali Luthra 69. payments_year = 12. 4K subscribers Join Subscribe 182 Share Save 6. Calculate the Monthly EMI of Eeve Ahava standard with the BikeJunction EMI Calculator. Solving using Python. Example 1. By Madan Gopal Singh (MG Singh), PGT Computer Science This video has Logic … Write a Python program to do the following: Prompt the user to enter the appropriate data Check if entered value for income is greater than 0 If yes, calculate and display person's name, SSN, and tax If not, display an error message to … Answer (1 of 2): Here is the python code to calculate the EMI in python. P is Principal Loan Amount. Computer Science and Class XI , . 3. 0083* (1+0. , 24 months. Calculation behind this function is dependent on PMT function.