Please You said your balance carried down is equal to the balance brought down - the principal. My question is that, how would the bank be able to get their interest from the payment and you are making. And please before that you were like the installment is equal to the principal plus the interest. Therefore if 12000 is the amount we have to be paying as monthly installment then we have to subtract it from the balance b/d or?
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
Very helpful
This is very helpful,thank you
@@royalsimage9330 you’re welcome!
Please You said your balance carried down is equal to the balance brought down - the principal. My question is that, how would the bank be able to get their interest from the payment and you are making. And please before that you were like the installment is equal to the principal plus the interest. Therefore if 12000 is the amount we have to be paying as monthly installment then we have to subtract it from the balance b/d or?