Deskripsyon
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.
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
Mga Review
Mga Contributor at Developer
Ang “EMI Calculator” ay open source software. Ang mga sumusunod na tao ay nag-ambag sa plugin na ito.
Mga ContributorIsalin ang “EMI Calculator” sa iyong wika.
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