Capital remaining to be repaid after n periods formula
Description of the Capital remaining to be repaid after n periods formula
Formula for the calculation of the capital remaining to be repaid on a loan after n periods
Formula
\[ R = a \cdot \frac{1-\left(1+i \right)^{-(N-n)}}{i} \ \]
Symbols
\(a\ \)
Annuity
\(i\ \)
Proportional periodic interest rate
\(N\ \)
Total number of annuities (number of years times number of payments per year)
\(n\ \)
Number of periods