Friday, July 6, 2007

Effective Interest Rate and Compound Interest Rate

Current Version: 1.2 dated December 9, 2008
This worksheet helps you to compute the effective interest rate and the compound interest rate for your motor loan. You should read the following post for more information:

You can download the file SMEffectiveInterestRateV12.xls (MS Excel format, 290 KB) from my Shared DropBox folder