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Reducing & Flat rate of Int.

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(Querist)
24 April 2009 i would like to know (a) formula for Reducing Rate of Int V/s. Flat Rate of Int.
If reducing is 10%p.a., how much will be flat rate ?
(b) how to prepare ammortization schedule in excel sheet, for loan with EMI with reducing balance of int. ?

regards anckoora
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chetan soni

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chetan soni (Expert)
05 June 2009 check this link

http://www.deal4loans.com/Contents_Calculators.php

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