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Question about Interest Charges

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Graeme7777 Posts: 255 Forumite

29 March 2008 at 5:43PM in Savings & investments

Hi,

Can someone please point me in the direction of a book(s) and/or website(s) that explains how lenders calculate loan repayments and early redemption amounts. I've managed to find a number of formulae online but they seem to be general financial calculations rather than how lenders calculate these amounts in PRACTICE (compounding conventions etc)

Thank You!

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Question about Interest Charges

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