To calculate by hand use the future value of an annuity calculation. T Time Periods involved. P x r x t 100.
Convert 3 months into years.
7 ΒΌ years. This online calculator allows the borrower to budget the money in such a. To calculate a monthly interest rate divide the annual rate by 12 to reflect the 12 months in the year. Answers may vary due to rounding.
