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About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Serena Aburahma

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How Do You Calculate Monthly Interest on a Loan?

By: iCrowdNewswire

When you take out a loan, you have to pay interest. Simply put, interest is the cost you pay for the privilege of borrowing money. As you repay a loan, your monthly payments will go toward the principal or the original amount you asked for and interest. So how do you calculate monthly interest on a loan? You could use a loan payment calculator or do the math on your own. Below, we’ll take a closer look at this very common question.

 

Why Monthly Interest Calculations Are Important

Chances are you have monthly bills, like your mortgage, car loan, utilities, and groceries. If you’d like to budget for your loan, it’s a good idea to find out how much you’ll pay in interest every month. By doing so, you can ensure you always have enough cash to make your monthly payments and reduce the risk of default.

 

Example of a Monthly Interest Rate Calculation

To calculate your monthly interest rate, divide the annual percentage rate (APR) by 12. This way, you’ll reflect the amount on the 12 months of the year. You’ll also need to convert this amount from a percentage to a decimal format.

Let’s say you have an APR of 10% and want to determine your monthly interest rate on a $4,000 loan. These steps will help you do so.

  • Divide by 100 to convert the APR from a percent to a decimal: 10/100= 0.10
  • Divide that number by 12 to get the monthly interest rate expressed as a decimal: 10/12=0.0083.
  • Multiply that number by the total amount: 0083 x $4,000 = $33.20 per month
  • Convert the monthly rate in decimal form to a percentage by multiplying by 100: 0083 x 100 = 0.83%

In this scenario, your monthly interest rate is 0.83%. If you don’t want to do the math yourself, you can also use a personal loan calculator to make things easier.

 

Additional Costs

In addition to interest, many lenders charge a variety of fees, such as:

  • Origination fees: A personal loan origination fee is the most common fee and will cover the cost of processing and underwriting your loan. Depending on the lender, you may pay anywhere from 1% to 10%.
  • Application fees: Application fees are designed to pay for the cost of processing a loan application and vary by loan type, lender, and amount borrowed.
  • Late payment fees: Late payment fees are charged by lenders as penalties for making payments past your due date. You might pay a flat fee or a percentage.
  • Prepayment penalties: If you pay your loan off early, you may be on the hook for a prepayment penalty. This compensates the lender for the money they lost as a result of your early payoff.

 

Bottom Line

In a perfect world, you would be able to take out a loan without paying interest and fees. Since this is not the case, it’s important to understand your monthly interest and fees before you sign on the dotted line of a loan agreement.

SPONSORED CONTENT

Contact Information:

Name: Keyonda Goosby
Email: keyonda.goosby@iquanti.com
Job Title: Consultant

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