accounting Sheet

[amb1s1]

Hey everybody, I'm a new member, so be gentle. Let me explain my business. I have couple of people that borrow money from me and they are going to pay me just a little amount of a weekly fee until they pay me. I would like to have a sheet that will have some kind of column with The total amount the owned me, the Interest Rate, the weekly payment for this week, how much they have pay in total fee and capital. If you have any other idea, I will appreciate. I'm willing to pay for the sheet. Thanks

[Richard Buttrey]

Hi,

A few questions.
1. Does the amount they pay each week vary?
2. Are you setting the interest rate, or the amount they must pay and the period over which they must pay.
3. If you are setting the interest rate, is this to be compounded daily or weekly?

HTH