Simple interest loan calculation

K

K. Kruse

I am trying to create a form/query that will
automatically fill with the number of payments that would
be due (when the term is entered in a different field)
the amount of the payment and how much the principle and
interest payments would be. I have a simple interest
spreadsheet (Excel) that works but want to use the same
idea for Access. You would be able to enter the loan
perameters and the form would then prefill with the
payments due.

THANK YOU!
 
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