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Free online finance calculator to find any of the following: future value (FV), compounding periods (N), interest rate (I/Y), periodic payment (PMT), present value (PV), or starting principal. Also experiment with other financial calculators, or explore hundreds of other calculators addressing math, fitness, health, and many more.
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Finance calculator. version 4.5 2015.11.23.. This business of dividing an interest rate by 12 is not mathematically correct, but since banks use the procedure * it’s wise to go along, otherwise your numbers will not agree with those of the bank.
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