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April 28th, 2011, 01:59 AM   #1
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Help needed with challenging intrest calculation

Ok here goes, loan sum is 1 853 500, yearly intrest rate is 8%, aka 0,6667% in a month.

Debitor received the loan as follows

31.05 10 000
31.08 10 000
21.10 145 000
28.10 255 000
04.11 1 280 000
26.11 103 500
25.12 50 000
On the 29.11 103 500 is payed back to the creditor ( so 30.11 main sum is 1 700 000)

Intrest calulation wont stope there, because the main sum still hasnt been payed back, so the sum is still climbing. If nayone can show me how to use openoffice for the following calculation, i would appreciate it greately!
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