Thank you very much! A detailed and clear tutorial. May I ask one question? For example, I borrow $100,000 for one year, monthly flat rate = 0.05%, that means monthly interest = $100,000 * 0.05% = $50, and monthly principal repayment = $100,000 / 12 = $$8,333.33. For the full loan term, my total interest = $50 * 12 = $600. The APR is around 1.11%, which is calculated using the NPV method. Can I say that, given the annual interest = $600 for a one-year loan of $100,000, the annual interest rate = $600 / $100,000 = 0.6%? Thank you very much!
The short answer is NO. Annual Interest rate of 0.6% means that you pay $600 interest 1 year after the loan is made. In your example, you start to pay interest 1 month after you lend the money. See the difference??
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Thank you! 加油!
Fok Sir, thank you so much! i have never under understand the method of how to calculate the APR from the flat rate. Thanks a milion
Hello Fox Sir, could you share the name and information of the drawing software? It seems so good! Thank you.
Thank you very much! A detailed and clear tutorial.
May I ask one question?
For example, I borrow $100,000 for one year, monthly flat rate = 0.05%, that means monthly interest = $100,000 * 0.05% = $50, and monthly principal repayment = $100,000 / 12 = $$8,333.33. For the full loan term, my total interest = $50 * 12 = $600. The APR is around 1.11%, which is calculated using the NPV method.
Can I say that, given the annual interest = $600 for a one-year loan of $100,000, the annual interest rate = $600 / $100,000 = 0.6%?
Thank you very much!
The short answer is NO. Annual Interest rate of 0.6% means that you pay $600 interest 1 year after the loan is made. In your example, you start to pay interest 1 month after you lend the money. See the difference??
其實計利息是人人有機會借人錢，唔係學生都要識，是生活需要，例如按揭買樓
👍
你好。點解我將u=1.009636代返入係公式,結果唔係等於0? 我用你excel個方法搵到u=1.01282?
點解u=3個時再用solver先搵到u=1.009636,但如果u=2個時用solver就搵到u=其他數而唔係1.009636?
U=1,個公式不是等於0吗?
Yes. 但當 u=1, r%=0。很明顯不是我們要的答案。
@@mathseasy 用solve去搵u,是不是會有很多不同的解?那一個才是想要的答案?
新手，完全跟唔到，唔知點化簡等等＝。＝
可唔可加字幕？
無時間做字幕
@@mathseasy 你返工？