Loan Repayment

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' + 'Loan Repayment' + '

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'); answerwindow.document.writeln('Loan amount:'); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + p); answerwindow.document.writeln('
'); answerwindow.document.writeln('Interest per year:'); answerwindow.document.writeln(' '); answerwindow.document.writeln(interestrate + '%'); answerwindow.document.writeln('
'); answerwindow.document.writeln('Loan period:'); answerwindow.document.writeln(' '); answerwindow.document.writeln(duration + ' years'); answerwindow.document.writeln('
'); answerwindow.document.writeln('Approx. monthly payment:'); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + monthlypayment); answerwindow.document.writeln('
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' + 'Payment Schedule' + '
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'); answerwindow.document.writeln('S/N'); answerwindow.document.writeln(' '); answerwindow.document.writeln('Interest'); answerwindow.document.writeln(' '); answerwindow.document.writeln('Principal'); answerwindow.document.writeln(' '); answerwindow.document.writeln('Payment'); answerwindow.document.writeln(' '); answerwindow.document.writeln('Total paid'); answerwindow.document.writeln(' '); answerwindow.document.writeln('Balance'); answerwindow.document.writeln('
'); answerwindow.document.writeln(k + 1); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + round(interestamount[k])); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + round(principalamount[k])); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + round(totalpayment[k])); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + totalpaid); answerwindow.document.writeln(' '); answerwindow.document.writeln('$' + round(balance[k])); answerwindow.document.writeln('
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Loan Repayment

If I borrow a sum of $ at an interest rate of % per year for years, what would my monthly repayment be like?

Depending on the no. of years you specify, it may take a while to compute.

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'); answerwindow.document.writeln('Loan amount:'); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + p); answerwindow.document.writeln('
'); answerwindow.document.writeln('Interest per year:'); answerwindow.document.writeln('	'); answerwindow.document.writeln(interestrate + '%'); answerwindow.document.writeln('
'); answerwindow.document.writeln('Loan period:'); answerwindow.document.writeln('	'); answerwindow.document.writeln(duration + ' years'); answerwindow.document.writeln('
'); answerwindow.document.writeln('Approx. monthly payment:'); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + monthlypayment); answerwindow.document.writeln('

'); answerwindow.document.writeln('S/N'); answerwindow.document.writeln('	'); answerwindow.document.writeln('Interest'); answerwindow.document.writeln('	'); answerwindow.document.writeln('Principal'); answerwindow.document.writeln('	'); answerwindow.document.writeln('Payment'); answerwindow.document.writeln('	'); answerwindow.document.writeln('Total paid'); answerwindow.document.writeln('	'); answerwindow.document.writeln('Balance'); answerwindow.document.writeln('
'); answerwindow.document.writeln(k + 1); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + round(interestamount[k])); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + round(principalamount[k])); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + round(totalpayment[k])); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + totalpaid); answerwindow.document.writeln('	'); answerwindow.document.writeln('$' + round(balance[k])); answerwindow.document.writeln('