Financial Calculator
This financial calculator applies to any situation with periodic payments,
It calculates any one of the 5 fields from the other 4. Most other financial
calculators can not calculate interest rate.
- Calculate loan payment: fill in the Initial Balance field with
the negative of what you borrowed ( negative means you owe bank),
Final Balance as 0, Interest Rate APR as the annual percentage rate and the
Number of Month. Click the Monthly Payment button.
- Analyze investment performance: Fill out Initial Balance,
Number of Month, Monthly Payment and Final Balance; Click Interest
Rate APR button to calculate the equivalent annual percentage rate.
Negative result indicates that someone else is making money :-(
- Plan 401k or 403b: (compute Final Balance),
- more...
by Xintian Eddie Lin