Est. Budget: $25.00
I would like someone to build a spreadsheet on Excel for Mac (i.e. no macros allowed) that can calculate the APR on a loan.
Input fields would include
- Loan amount
- Loan term (in months or years)
- Loan repayment period (daily, weekly, monthly or quarterly)
- Loan interest rate
- Loan fees
Please note that under UK Consumer Credit legislation the definition of an APR is the cost of the loan including the fees expressed as an overall interest rate (thereby allowing ...