I have a loan with a balance of $9,500 and payments are $250 per month. Is there a program I can use to calculate the interest on the balance after each payment?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
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Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
Contact your bank or finance company and they can tell you how much of each payment goes toward the principal and how much is paid in interest.
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