Finance : Reminder
Calculation of a fixed rate loan
The formula for calculating the monthly payment on a loan is :
`M=C*r/(1-(1+r)^-n`. r is the monthly interest rate, C is the amount borrowed.

This is the formula used by the
calculator to determine the maturity of any type of loan: real estate, consumer
...

Calculation of a loan insurance
The amount of the monthly payment of the insurance of a loan, is obtained through the following formula:
`M=(C*t/12)`, where t is the annual rate of insurance and C, the capital borrowed.

This is the formula that the
calculator uses to evaluate the insurance for a loan

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