3. Principal Amount in the last third year is: $4639 $8933 O $12909

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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l KOREK LTE
1 12:33 PM
59%
A docs.google.com
3. Principal Amount in the last third year is:
$4639
$8933
$12909
$16591
4. Principal Payment in the last first year is:
$3409
$3681
$3976
$4295
5. The total annual interest is:
$5043
$5044
$5045
$5046
Clear selection
Transcribed Image Text:l KOREK LTE 1 12:33 PM 59% A docs.google.com 3. Principal Amount in the last third year is: $4639 $8933 $12909 $16591 4. Principal Payment in the last first year is: $3409 $3681 $3976 $4295 5. The total annual interest is: $5043 $5044 $5045 $5046 Clear selection
Q.1: Using amortization payments and
suppose borrow $20000 at 8% compound
annual interest to be repaid over 5 years and
answer the following:
Transcribed Image Text:Q.1: Using amortization payments and suppose borrow $20000 at 8% compound annual interest to be repaid over 5 years and answer the following:
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