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<< Back to: sci.math FAQ: Formula for Compound Interest

Question by euey
Submitted on 8/9/2003
Related FAQ: sci.math FAQ: Formula for Compound Interest
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I'm in need of a formula or a method to calculate the effective rate of return on a series of loans that are made up of a number of different advances on different dates as well as at different rates. All interest is accrued,therefore there are no specific repayment dates (not amortized). Compounding is monthly.


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