How to calculate installment payments?

[Anonymous]

Hi,

I have a sales table with 2 main columns:

Price - How much was sold the product

Interest Rate - How much more the client are paying in total to split the installments

Installments - How many installments was splitted the payment (in months)

I'm trying to build a mesuare with the information of how much cash will get in over this year. For instance, if someone bought a product for $400 on november and splitted the payment in 4 times, this year I'll get $100 and next year I'll get the other $300, so the column should return "$100". How can I build that?

Addicional, if able to build in coumpound interest would be even better.

[edhans]

Wouldn't it just be the price of the product divided by the installment payemnt number? So in your example $400/4 = $100 - the answer  you want. The $300 would be the price - the first installment payment - $400 - $100.
As for interest, there are a number of standard financial functions in Power BI here you can use, very similar to their Excel counterparts. If you need more help, provide more info. See below.

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