EMI Calculator

Descrição

A simple to use EMI Calculator widget that can be added via a shortcode [rio-emi-calculator] in post content or page.

Features

  • Easy to install and use.
  • Lightweight and user friendly plugin.
  • Customizable design.

Imagens de tela

  • EMI Calculator Widget.
  • Plugin Backend Settings.

FAQ

How to Install the plugin?

1.Activate Rio EMI Calculator from Plugins Menu.
2.Check Enable the Plugin from options page.
3.Use shortcode [rio-emi-calculator] in page/post to display the widget.

How is EMI calculated?

An Equated Monthly Instalment (EMI) is usually a fixed amount of money that you need to pay your bank or lender every month as repayment of a loan taken, until your loan is totally repaid.

The formula to calculate an EMI:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

P =loan amount or Principal

R = Interest rate per month
[To calculate rate per month: if the interest rate per annum is 14%, the per month rate would be 14/(12 x 100)]

N = the number of installments

Avaliações

1 dezembro, 2020
This is exactly the plugin I want.Thank You So Much.I am very happy to find this plugin.It is one of the best Loan EMI Plugin.Easy to Use & Easy to setup.Thank You.
Leia 1 avaliação

Colaboradores e desenvolvedores

“EMI Calculator” é um software com código aberto. As seguintes pessoas contribuíram para este plugin.

Colaboradores