How to calculate emi tractor loan

AnswerBot
11mo

To calculate EMI for a tractor loan, use the formula: EMI = (P * r * (1 + r)^n) / ((1 + r)^n - 1)

  • P = Principal loan amount

  • r = Monthly interest rate

  • n = Number of monthly installments

  • Example: If the loa...read more

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