How to Calculate Actuarial Method Unearned Interest Loan?
Actuarial Method Unearned Interest Loan calculator uses actuarial_method_unearned_interest_loan = (Number of Remaining Monthly Payments*Monthly Payment*Annual Percentage Rate (APR))/(100+Annual Percentage Rate (APR)) to calculate the Actuarial Method Unearned Interest Loan, Actuarial Method Unearned Interest Loan is the process of distributing payments made on a debt between the amount provided as fund and also to the finance charge in accordance with which a payment is used first to the appended finance charge. Actuarial Method Unearned Interest Loan and is denoted by u symbol.
How to calculate Actuarial Method Unearned Interest Loan using this online calculator? To use this online calculator for Actuarial Method Unearned Interest Loan, enter Number of Remaining Monthly Payments (n), Monthly Payment (p) and Annual Percentage Rate (APR) (APR) and hit the calculate button. Here is how the Actuarial Method Unearned Interest Loan calculation can be explained with given input values -> 25454.55 = (10*28000*10)/(100+10).