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A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, etc.).
The cash flow sign convention is that money you pay out has a minus sign, while money you take in has a plus sign (or no sign). Most financial calculators (and spreadsheets) follow the Cash Flow Sign Convention. This is simply a way of keeping the direction of the cash flow straight.
Stub templates have two parts: a short message noting the stub's topic and encouraging editors to expand it, and a category link, which places the article in a stub category alongside other stubs on the same topic. The naming for stub templates is usually topic-stub; a list of these templates may be found here.
The formula for EMI (in arrears) is: [2] = (+) or, equivalently, = (+) (+) Where: P is the principal amount borrowed, A is the periodic amortization payment, r is the annual interest rate divided by 100 (annual interest rate also divided by 12 in case of monthly installments), and n is the total number of payments (for a 30-year loan with monthly payments n = 30 × 12 = 360).
Keep in mind: A mortgage preapproval doesn’t mean you’re guaranteed the money, or even that amount of money. That doesn’t happen until after you formally apply for a mortgage on a specific ...
In Botswana, salaries are almost entirely paid on a monthly basis with pay dates falling on different dates of the second half of the month. Pay day usually ranges from the 15th of the month to the last day. The date of disbursement of the salary is usually determined by the company and in some cases in conjunction with the recognized Workers ...
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