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A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, depreciation etc.).
The formula for EMI (in arrears) is: [2] = (+) or, equivalently, = (+) (+) Where: P is the principal amount borrowed, A is the periodic amortization payment, r is the annual interest rate divided by 100 (annual interest rate also divided by 12 in case of monthly installments), and n is the total number of payments (for a 30-year loan with monthly payments n = 30 × 12 = 360).
These chokes are useful for suppression of electromagnetic interference (EMI) and radio frequency interference (RFI) frequently introduced on high current wires such as on power supply lines, which may cause unwanted operation. Reducing this noise is frequently done by using a common mode choke - two parallel coil windings on a single core.