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An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. [1]The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.
Here’s how you would calculate loan interest payments. Divide the interest rate you’re being charged by the number of payments you’ll make each year, usually 12 months.
The Chudnovsky algorithm is a fast method for calculating the digits of π, based on Ramanujan's π formulae.Published by the Chudnovsky brothers in 1988, [1] it was used to calculate π to a billion decimal places.
Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project.It is a useful tool for ranking projects because it allows you to quantify the amount of value created per unit of investment.
Texas Instruments BA II Plus Professional. The BA II Plus is the main financial calculator sold by Texas Instruments as of 2015. It provides basic scientific calculator functionality alongside its financial functions, and provides most of its financial functions in the form of worksheets, where values are input as variables in a table; when a computation is requested, the calculator plugs the ...
Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.
From 2002 until 2009, Kanada held the world record calculating the number of digits in the decimal expansion of pi – exactly 1.2411 trillion digits. [1] The calculation took more than 600 hours on 64 nodes of a HITACHI SR8000/MPP supercomputer. Some of his competitors in recent years include Jonathan and Peter Borwein and the Chudnovsky brothers.
where C is the circumference of a circle, d is the diameter, and r is the radius.More generally, = where L and w are, respectively, the perimeter and the width of any curve of constant width.
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