![SOLVED: A business takes out a 10-year loan for 250,000 at 5.3% interest compounded monthly, what is the math formula to calculate the monthly payment and what is the resulting value? SOLVED: A business takes out a 10-year loan for 250,000 at 5.3% interest compounded monthly, what is the math formula to calculate the monthly payment and what is the resulting value?](https://cdn.numerade.com/ask_previews/f4f38f46-8e58-46b7-b315-0fd5b6b2c645_large.jpg)
SOLVED: A business takes out a 10-year loan for 250,000 at 5.3% interest compounded monthly, what is the math formula to calculate the monthly payment and what is the resulting value?
What is the compound interest if principal =8000Rs, rate =6.5% monthly compounded, and time=18 months? - Quora
![How To Calculate Continuous Compound Interest Explained - Formula For Continuous Compound Interest - YouTube How To Calculate Continuous Compound Interest Explained - Formula For Continuous Compound Interest - YouTube](https://i.ytimg.com/vi/XAbpguhWf1A/maxresdefault.jpg)