Computing # of payments left on a
loan
Example 1: Enter the numbers in the boxes
below. Do not enter a number in the box next to "Compute". Then
click "Compute".
Try with different numbers and see how the answer changes.
$39,412.95 remaining balance, 10% p.a. interest,
12
payments per year, payments are $859.68 per month. How many payments are left? Answer
=59.
As follows.
