constant

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constant

The annual payment required to pay the principal and interest due on a $1 loan for a specified repayment term at a specified interest rate.Before the widespread availability of computers and extremely affordable financial calculators,it was common to use mortgage constant tables to calculate monthly payments. One would refer to the table for the proper loan term, such as 30 years, and then within that table find the loan constant for the anticipated interest rate. See the following example. The constant is the monthly payment on $1. To find out your own monthly payment, you multiply the constant by the number of dollars in your loan, and the answer is what your monthly payments would be.

References in periodicals archive ?
As aforementioned, a portion of embryos could transform into nuclei with a rate constant of [k.
The value of the rate constant a from the power function equation varied widely with soils, whereas changes in the values of the rate constant b were relatively small.
a) shows the three dimensional plot of the absolute values of the rate-constant sensitivities which indicates that the model is considerably robust in response to any amplification in the rate constant parameters, as no rate constant sensitivity exceeds a value of 2.
T]= total complexed and uncomplexed enzyme, k1= rate constant for complex formation, k2= rate constant for reverse complex formation, k3= rate constant for product formation, km= "half-saturation" concentration, k1= "saturation" constant for inhibitor (Syaubari et al.
Key words: rate constant, exothermic process, semi-batch reactor, identification, simulation
The kinetics of gasoline components' formation yield is characterized by rate constant [k.
In a move that was aimed at boosting economic growth, the central bank of Sri Lanka has kept its interest rate constant at a three-year low.
5 percent to keep the jobless rate constant, according to Reuters.
T] is the liner thickness, and k is the rate constant.