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Loan Calculator


Loan Calculator

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Loan Calculation

Introduction

The Loan Calculator is designed to calculate any one of the following: Loan Amount (Principal), Rate of Interest, Time (Years), or Total Payable Amount (Loan + Interest).

Key formulas:

Total Payable = Principal + (P × R × T) / 100

Conclusion

This flexible tool helps users figure out any one loan parameter when they know the other three.