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A title for these calculator
results that will help you identify it if you have printed out several
versions of the calculator.
The amount you plan to borrow.
The annual percentage rate you will pay for this loan.
How long you will pay on this loan. Also choose whether 'Length of Loan' is years or months.
Principal + Interest + Additional Principal (where applicable) to be paid each month.
LoanAmount * (Rate / 12) / (1 - (1 + (Rate / 12))-Months)
$423.96 = $20,000.00 * (0.0990 / 12) / (1 - (1 + (0.0990 / 12))-60)