Capital remaining to be repaid after n periods formula
Financial acronyms
The entire acronym collection of this site is now also available offline with this new app for iPhone and iPad.
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