Interest Rate Calculator5.0 - Google Play
You'll be able to see results in few seconds.
Publisher Description
This application allows you to calculate the values of a loan, including interest rate.
It is always difficult to verify the effective interest rate, because the calculation requires mastery of financial calculator.
For example, funding of $ 10,000 in 10 installments of $ 1,100 generates a total of $ 11,000 and an interest "apparent" of $ 1,000 or 10%. But the payments are monthly and so the calculation can not be done this way.
Interest in the above example would be 10% if $ 11,000 were paid in full at the end of 10 months. But we pay monthly. So the Annual equivalent Rate of this example is about 24%!
This application will quickly calculate the interest rate and will also allow the calculation of other factors, if the interest rate is already known.
The calculation of the interest rate is always done by approximation, and in this application, we use the Newton-Raphson method. Therefore, depending on the inputed values, the calculation may take a few seconds.
About Interest Rate Calculator
The company that develops Interest Rate Calculator is Flavio Cobucci. The latest version released by its developer is 5.0.
To install Interest Rate Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2011-08-28 and was downloaded 0 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Interest Rate Calculator as malware as malware if the download link to appinventor.ai_flaviox27.CalcRate is broken.
How to install Interest Rate Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Interest Rate Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Interest Rate Calculator will be shown. Click on Accept to continue the process.
- Interest Rate Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
Program Details
System requirements
Download information
Pricing
Version History
version 5.0
posted on 2011-08-28
version 5.0
posted on 2011-08-28
Several fixes and updates
Disclaimer
Official Google Play Link
We do not host Interest Rate Calculator on our servers. We did not scan it for viruses, adware, spyware or other type of malware. This app is hosted by Google and passed their terms and conditions to be listed there. We recommend caution when installing it.
The Google Play link for Interest Rate Calculator is provided to you by apps112.com without any warranties, representations or guarantees of any kind, so access it at your own risk.
If you have questions regarding this particular app contact the publisher directly. For questions about the functionalities of apps112.com contact us.
