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Compute Payment for a Loan

Example: For a Loan of $10,000 for 5 years at an annual interest rate of 10% compounded monthly, your monthly payment will be $212.47

Enter Present Value Amount
Enter annual interest rate Example = Enter 10% as 10.00
Enter the number of years
Enter the number of months
Select payment frequency Default is monthly
*rounding error possible
Periodic Payment/Receipt Amount	$
Amount of Interest	$
Amount of Payments/Receipts	$