File:Effective annual percentage rate.svg
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Summary
| Description |
English: Loan payment schedule of a 1-year, fixed-size payment loan with 5% monthly interest. Shows the accumulation of the interest, the payments and how much of the total cost consists of interest. The effective annual percentage rate is calculated. ?In the body, doesn't it say that the APR is 80%, which means that the effective interest amount would be more than 39 dollars, it would be about 80 dollars? |
| Date | |
| Source | Own work |
| Author | Petteri Aimonen |
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I, the copyright holder of this work, release this work into the public domain. This applies worldwide. In some countries this may not be legally possible; if so: I grant anyone the right to use this work for any purpose, without any conditions, unless such conditions are required by law. |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 21:22, 12 October 2009 | | 342 × 264 (23 KB) | Petteri Aimonen | {{Information |Description={{en|1=Loan payment schedule of a 1-year, fixed-size payment loan with 5% monthly interest. Shows the accumulation of the interest, the payments and how much of the total cost consists of interest. The effective annual percentag |
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