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"Finance thingies."

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Sun 06/02/05 at 18:24
Regular
Posts: 14,437
You know when you buy something on credit, and pay in installments? Well you know how the Monthly payment is obviously lowered depending on how much you pay upfront?

Yes?

Well, could you possibly point me in the direction of a calcumalation doohickey that can work out what my Monthly payments would be depending on varying levels of up-front payment? I'd have to take into account the interest rate too of course. EDIT - and the term of the agreement also

Failing that, how would I work it out myself? I ain't exactly a mathematics whizz, and trying to work it out in my head just makes it hurt :(
Sun 06/02/05 at 20:06
Regular
Posts: 14,437
Nah, I just give her a pop-up book now, she pushed her luck.
Sun 06/02/05 at 19:59
Regular
Posts: 3,941
Did you give up on the idea of giving the other half the pocket TV?

"AHAHA DID YOU SEE THAT?? *BOOM* “AHAHAHAHA WOW!" Etc

:D
Sun 06/02/05 at 19:43
Regular
Posts: 14,437
Just what I said when I first saw it in action (well, it was a lower model I saw, the FDE version).
Sun 06/02/05 at 19:39
Regular
Posts: 3,941
Holy sh....
Sun 06/02/05 at 19:30
Regular
Posts: 14,437
This beauty:

[URL]http://www.pioneer.co.uk/uk/product_detail.jsp?product_id=8899&taxonomy_id=62-63[/URL]
Sun 06/02/05 at 19:23
Regular
"Spurs 1 - 0 Man Utd"
Posts: 5,235
What exactly are you buying?

Sorry if it's been asked and answered, I'm too lazy to scroll back.
Sun 06/02/05 at 19:10
Regular
Posts: 14,437
thanks creepu. They look roundabout what I came up with.

Now, to decide whether to go ahead with it :S
Sun 06/02/05 at 19:04
Regular
Posts: 3,941
Mode wrote:
> Yes, Yes they do.
> My Bad.

*pleased*
Sun 06/02/05 at 19:02
Regular
Posts: 3,941
ßulle†† wrote:
> *implodes*
>
> Would you be so kind as to work it out for me? I'll give you a
> virtual cookie :-)
>
> Price - £2700 roughly
> term - 36 Months
> Interest rate - 19.1%
>
> Can you give me Monthly Payments with:
>
> no deposit
> £500
> £1000
>
> I'd be muchos grateful :D

12 month
1. £267.975
2. £218.35
3. £168.725

36 month
1. 89.325
2. 72.783r
3. 56.24166667

Think they're right and I accidentally did 12 month so I added it as well :P
Sun 06/02/05 at 19:00
Regular
Posts: 5,323
Creepy wrote:
> Mode wrote:
> Whats the difference?
>
> Dont they both get the same answer?

*Re-reads -post and gets calculator out*

Yes, Yes they do.
My Bad.

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