1. Experiment with a calculator (change repayment frequency, first payment day, loan date, etc)
2. Work out how each aspect affects the Annual Cost Rate.
3. Create excel spreadsheet that can simulate this. (Including scenarios when fees are added).
37 freelancers are bidding on average $124 for this job
I have developed a calculator just few days back for my US employer. Please check reviews for detail. If you want to see the work just message me then I'll upload the sliding calculator.
Dear Sir, I already created the excel spreadsheet. I have 12+ years of financial reasearch&analysis and accounting experience, so the task was very simple for me.