133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
FM FN FO FP FQ FR FS FT FU FV FW FX FY
208
209
210
211
212
213
214
215
217
218
219
220
221
223
224
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
FM FN FO FP FQ FR FS FT FU FV FW FX FY
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
FM FN FO FP FQ FR FS FT FU FV FW FX FY
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
FM FN FO FP FQ FR FS FT FU FV FW FX FY
Loan amoun
$10,000
Loan amoun
$10,000
Payments 12 Payments 12
Interest rate
12%
Interest rate
12%
Interest charge
$1,200 The interest charge is simply the interest rate times the loan amount.
Interest charge
$1,200 The interest charge is simply the in
Loan face va
$11,200 The sum of the loan amount and the interest charge.
Loan face va
$11,200 The sum of the loan amount and the
Monthly pm
$933.33 The loan face value amount divided by the numnber of payments.
Monthly pm
$933.33 The loan face value amount divided
Periodic rat
1.79%
The periodic rate as solved with the function wizard. N=12,PMT=$933.33
Periodic rat
1.79%
The periodic rate as solved with the
APR 21.46% (periodic rate) x (number of payments) APR 21.46% (periodic rate) x (number of paymen
Effective rat
23.70% (1 + periodic rate) ^ number of payments – 1
Effective rat
23.70% (1 + periodic rate) ^ number of paym
1
2
3
4
5
6
7
8
9
10
11
12
13
18
19
20
21
22
23
25
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
FZ GA GB GC GD GE GF GG GH GI GJ GK GL
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
FZ GA GB GC GD GE GF GG GH GI GJ GK GL
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
FZ GA GB GC GD GE GF GG GH GI GJ GK GL
208
209
210
211
212
213
214
216
217
218
219
223
224
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
FZ GA GB GC GD GE GF GG GH GI GJ GK GL
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
FZ GA GB GC GD GE GF GG GH GI GJ GK GL
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
FZ GA GB GC GD GE GF GG GH GI GJ GK GL
Loan amoun
$10,000
Loan amoun
$10,000
Payments 12 Payments 12
Interest rate
12%
Interest rate
12%
e interest rate times the loan amount.
Interest charge
$1,200 The interest charge is simply the interest rate times the loan amount.
Interest charge
$1,200
the interest charge.
Loan face va
$11,200 The sum of the loan amount and the interest charge.
Loan face va
$11,200
ed by the numnber of payments.
Monthly pm
$933.33 The loan face value amount divided by the numnber of payments.
Monthly pm
$933.33
he function wizard. N=12,PMT=$933.33
Periodic rat
1.79%
The periodic rate as solved with the function wizard. N=12,PMT=$933.33
Periodic rat
1.79%
ents) APR 21.46% (periodic rate) x (number of payments) APR 21.46%
ayments – 1
Effective rat
23.70% (1 + periodic rate) ^ number of payments – 1
Effective rat
23.70%