Reducing Balance Loan Calculator in Excel - YouTube
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How to Calculate Simple Interest on Reducing Balance in Excel
Compound Interest and Reducing Balance Calculator (VCE) – GeoGebra
SOLUTION: The table of conversion from flat interest rate to reducing balance interest rate is based on the formula F= (1+R)^n (nR-1)+1/ n(1+R)^n-n, where F is the flat rate per month, R