http://www.ruralfinance.orgRSS fileenFri, 02 Dec 2005 07:01:00 GMTCopyright (C) Rural Finance, http://www.ruralfinance.orghttp://www.ruralfinance.org/img/xml.gifhttp://www.ruralfinance.orgIn preparationhttp://www.ruralfinance.org/id/29374An explanation of different types of interest rates and their method of calculation.http://www.ruralfinance.org/id/29318Self sufficient financial institutions need to design an interest rate and fee structure that generates enough income to cover their costs. This lesson explores that process by examining both the cost and income side of the equation. It includes a look at the impact of late payments, loan terms and idle funds on the calculation.http://www.ruralfinance.org/id/29321A look at the role of interest from the borrower's and lender's perspective.http://www.ruralfinance.org/id/29315A review of the calculations involved in setting up an amortization schedule and calculating effective interest rates. The examples can be checked in the spreadsheet provided.http://www.ruralfinance.org/id/29324