Loan Calculator
Latest Version: (OS)
Genre(s): Utility
Blackberry Model(s): Storm
Price/Donation: Free

Loan Calculator automatically creates an equation to calculate money needed to pay back the user's loans.

This loan calculator can be used to calculate an unknown variable in a loan scenario where an amount of money (loan amount) is loaned to a borrower who is charged an interest rate that is compounded monthly while repaying the loan with monthly payments until the principle balance of the loan amount is zero.

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