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A simple interest loan is one where interest is determined by multiplying the interest rate times the principal times the number of periods. The reason that simple interest is referred to as simple is because it ignores ... More »

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Calculate payments on a simple interest loan by first multiplying the principal amount by the interest rate and the length of the loan term. Add the interest to the principal amount and then divide by the number of payme... More »

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Cost of funds is calculated by taking the total annualized interest expense divided by average interest bearing deposits and other interest bearing borrowings, plus non-interest bearing deposits. This equation does not i... More »

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To calculate a monthly loan payment, first determine the payment (P), the present value (PV), the rate per period (r) and the number of periods (n), according to Finance Formulas. Then enter these values into the followi... More »

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To calculate the monthly interest on a mortgage, multiply the current loan balance by the yearly interest rate, and divide that number by 12. You can also use an online mortgage calculator to determine the interest on yo... More »

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EMI on a loan is determined by taking the sum of the principal amount and interest that will be accrued and dividing it by the duration of the loan in number of months. EMI is short for equated monthly installments. More »

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Deflation is bad for the economy because it causes delayed spending, nominal wage cuts, higher interest rates and a higher burden of debt ratio. Deflation is the opposite of inflation and generally causes prices to go do... More »