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![ExcelDemy on Twitter: "#Flat and #reducing #rate of #interest #calculator in #Excel [#Free Download] https://t.co/fsNIjBlK5P" / Twitter](https://pbs.twimg.com/card_img/1630826102070341633/da8gE72B?format=png&name=900x900 "ExcelDemy on Twitter: \"#Flat and #reducing #rate of #interest #calculator in #Excel [#Free Download] https://t.co/fsNIjBlK5P\" / Twitter")
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SOLUTION: The table of conversion from flat interest rate to reducing balance interest rate is based on the formula F= (1+R)^n (nR-1)+1/ n(1+R)^n-n, where F is the flat rate per month, R
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