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How to calculate EMI with grace period using Excel. Equated Monthly Installment - EMI calculation formula.
কিভাবে এম এস এক্সেলে Grace Period ইএমআই বের করবেন ?
An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full. With most common types of loans, such as real estate mortgages, the borrower makes fixed periodic payments to the lender over the course of several years with the goal of retiring the loan.
Link:
How to Calculate Equated Monthly Installment (EMI) by using MS Excel Sheet?
• How to Calculate Equat...
EMI Excel Sheet Link: drive.google.com/file/d/17ZOo...
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In this video I show how to calculate loan amortization or EMI.
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