A company has taken a steadily amortized loan of 3 250 000 € The loan term is 8 years with quarterly payments. The interest rate of the loan is the Euribor 12-month rate 0,757% + margin of 1,2% -points. Calculate the sum of interests they need to pay during the whole loan term. Amount of loan Annual interest rate Payments in a year Loan term (in years) Relative interest rate Number of payments Amortization ANSWER

A company has taken a steadily amortized loan of 3 250 000 € The loan term is 8 years with quarterly payments. The interest rate of the loan is the Euribor 12-month rate 0,757% + margin of 1,2% -points. Calculate the sum of interests they need to pay during the whole loan term. Amount of loan Annual interest rate Payments in a year Loan term (in years) Relative interest rate Number of payments Amortization ANSWER

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

Problem 1PS

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