Calculation of the capital repaid after n periods formula

Tag: personal finance

Description of the Calculation of the capital repaid after n periods formula

Formula for the calculation of the capital repaid on a loan after $n$ periods

R = C \frac{{(1 + i)}^{n} - 1}{{(1 + i)}^{N} - 1}

C

Start capital

i

Proportional periodic interest rate

N

Total number of annuities (number of years times number of payments per year)

n

Number of periods