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Loan-payment-calculator-tool



The loan payment calculator tool is a simple but useful widget used for calculating the amount that should be paid at each installment for a particular loan amount. The input required are the loan amount borrowed initially, rate of interest for the amount and the number of years for which the loan exists.
After entering these, the user is given two options whether the installments are pain every month or every two weeks. Upon entering these details, the calculate button is clicked and the amount to be paid for each installment is calculated and presented to the user. The amount returned is accurate up to two decimals.
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