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Flat Interest Rate vs Diminishing Balance Interest Rate - Smart Paisa
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SOLUTION: The table of conversion from flat interest rate to reducing balance interest rate is based on the formula F= (1+R)^n (nR-1)+1/ n(1+R)^n-n, where F is the flat rate per month, R
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![How to Calculate Home Loan EMI [FREE CALCULATOR] - FinCalC Blog](https://i.ytimg.com/vi/m0bZMZaWrvs/maxresdefault.jpg "How to Calculate Home Loan EMI [FREE CALCULATOR] - FinCalC Blog")
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Reducing Balance EMI Calculator in Excel Sheet (Create with Easy Steps)
