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Information, coverage of important developments and expert commentary in manufacturing.

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Advanced APR Calculator

Loan Amount (C)

*Extra Cost (E)

Interest Rate % (R)

Compound Frequency (m)

No. of Payments (N)

Payment Frequency (q)

APR (A): 
* The Extra Cost (E) is the lump sum of all extra costs involved in the loan, which include points, application fee, closing cost, processing fee, title fee, and so on. In short, it's the money you borrowed that you never saw.
This calculator first calculates the monthly payment using C+E as the total loan amount:
where r is the adjusted equivalent interest rate applied to the total loan amount C+E
The APR is essentially the actual interest rate applied to the intended loan amount C and can be calculated iteratively by solving the following equation using the Newton-Raphson method:
The annual percentage rate A is calculated using the following formula:
STEM Career Outlook

Wages, employment opportunities, and growth projections for STEM jobs.

Metal 3D Printing Design Guide

Direct Metal Laser Sintering (DMLS) 3D printing for parts with reduced cost and little waste.

Salary Expectation

8 things to know about the interview question "What's your salary expectation"?

Essentials of Manufacturing

Information, coverage of important developments and expert commentary in manufacturing.