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  1. 09-12-2012, 07:39 PM #1
    ramakrishnan
    ramakrishnan is offline
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    Interest calculaton - Multiple Disbursement & Interest changes

    Dear Experts,


    Attached is the interest rate changes for a particular loan which was disbursed in 3 installments. The calculation logic is also mentioned in the attachment.

    What function/ formula needs to be used to get this interest accrued?

    1. Loan is disbursed in various stages
    2. Interest rate changes for the period needs to considered.


    Thanks in Advance

    Regards
    R.Ramakrishnan
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