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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The rate constant and the statistical parameters (RMSE, R2 and X2) of the models are estimated, compared and reported in Table 3.
where [K.sub.th] is the overall thermal rate constant defined in Table 4 and M is the concentration of both monomers.
Reaction rate constants and product outputs of the [C.sub.2][H.sub.5] + NCO reaction at the temperature range 293 [+ or -] 2 K and the pressure range 2.1~2.5 Torr have been calculated in the experiment.
Determination of the second order Rate constant k of the reaction
Their sub-structure around the reactive site and reaction rate constants may be similar to those about [PODE.sub.3], though the reactants are not completely the same.
The elimination half-life and elimination rate constant after oral administration of atorvastatin was calculated as 6.14 3.47 hours and 0.15 0.10 l/hr respectively.
Coefficient c is the specific binding of the reporter ligand, and coefficient d corresponds to the rate constant. Coefficients c and d depend on the concentration of ligand A and level off at high ligand concentrations, as shown in Fig.
The release rate during the burst stage is proportional with the diffusion rate constant, [k.sub.d], with higher rate constant values indicating faster drug release.
As illustrated by the kinetic parameters presented in Table 2, despite the fact that vacuum frying was achieved at reduced frying temperature, the rate constants were close in magnitude to those obtained during atmospheric frying for the colour parameters.
,where [k.sub.TMP] is second order rate constant, t is reaction time, [[TMP.sub.0]] is initial of TMP concentration, and [TMP] is final of TMP concentration in product.
In this project, we can calculate the quenching rate constant of these three different quenchers and speculate regarding the quenching mechanism.