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Sir/Madam, I am looking for a formula to calculate an APR...

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

Question by Slim
Submitted on 9/19/2005
Related FAQ: sci.math FAQ: Formula for Compound Interest
Rating: Not yet rated Rate this question: Vote
Sir/Madam,

I am looking for a formula to calculate an APR (FIX & ARMs).   If u guys can help me with this I would greatly appreciate.  



Loan Amount
$359,650

Extra Cost (All fees & Points)
$5000

Interest Rate %
7.5

Number of Months
360

APR
?








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