Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $130,000 for 3 years at 10% compounded annually Perio Interest Balance Reduction Unpaid Balance $130, 000 1 SSSS2SSSS3 SSS $0.00

Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $130,000 for 3 years at 10% compounded annually Perio Interest Balance Reduction Unpaid Balance $130, 000 1 SSSS2SSSS3 SSS $0.00

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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Amortizing Loan Consider a 4-year amortizing loan. You borrow $351,000 initially, and repay it in four equal annual year-end payments. a. If the interest rate is 4.55%, calculate the annual payment. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual payment b. Prepare an amortization schedule. (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.) Time 0 Loan Balance Year-End Interest Due on Balance Year-End Payment Amortization of Loan $ $ $ $ 1234
Suppose you borrow $14,000. The interest rate is 11%, and it requires 4 equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, principal repayments, and beginning and ending loan balances. Round your answers to the nearest cent. If your answer is zero, enter "0". Beginning Repayment Ending Year Balance Payment Interest of Principal Balance 1 $ fill in the blank 60 $ fill in the blank 61 $ fill in the blank 62 $ fill in the blank 63 $ fill in the blank 64 2 $ fill in the blank 65 $ fill in the blank 66 $ fill in the blank 67 $ fill in the blank 68 $ fill in the blank 69 3 $ fill in the blank 70 $ fill in the blank 71 $ fill in the blank 72 $ fill in the blank 73 $ fill in the blank 74 4 $ fill in the blank 75 $ fill in the blank 76 $ fill in the blank 77 $ fill in the blank 78 $ fill in the blank 79
Find the payment necessary to amortize the loan.$2500; 6% compounded annually; 7 annual payments
Construct the amortization schedule for a $17,000.00 debt that is to be amortized in 10 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Unpaid Balance Reduction Payment Number 0 1 2 Payment Interest $ $ $ $ $ $ Unpaid Balance $ $ WEEKER
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Develop an amortization schedule for the loan described. (All answers should be entered in dollars. Round your answers to the nearest cent.) 1 $90,000 for 2 years at 12% compounded semiannually Period 1 2 3 4 5 $ $ $ $ $ Payment $ $ $ $ $ Interest Balance Reduction $ $ $ $ $ Unpaid Balance $90,000 $ $ $ $ $0.00
Questions 4,5 and 6 please.
LESSON # 17 (1 WHOLE) PROBLEM: How is the manthly payment of P350,000 loan which is to be repaid monthly for 1 year with on interesrt OF 10% compounded annually ? SHOW AN AMORTIZATION TABLE
Exercise 2: Directions: Analyze the given amortization procedures in the table below then fill in cach blank using the guide questions below the table. Problem: A salary loan amounting to P15,000 is to be paid annually for 4 years with an interest rate of 6% compounded annually. The annual amortization is P P4,328.87. PRINCIPAL Outstanding Balance Interest Regular Payment (R) Period Component of Component of Рауment Раyment P11,571.13 7,936.53 E 1. 2. 3. P4,328.87 P4,328.87 P4,328.87 P900 P694.27 P3,428.87 3,852.68 4,083.84 4 245.031 F Total G. H. Guide Questions: A. How much is the amount of the loan? (Outstanding balance at time 0) B. How much is the first regular annual payment? C. For the second payment, how much goes to pay the principal? D. For the third payment, how much goes to pay the interest? E. How much is the outstanding balance after the 3rd payment? F. How much should be the outstanding balance after the 4th or last payment? G. How much is the total amount of regular…
Amortization Table A loan of $11,000 is to be repaid over a 2-year period through equal quarterly installments with an interest rate of 13% per year compounded quarterly. Determine the size of each installment. Part 1 of 2 Use a TVM solver to solve this problem. Fill in the information that you typed into the TVM solver. Round the final answer to two decimal places. N = 1% = PV = 8 ✔ 13 11000 PMT= alpha ✔ 8 13 Final Answer: $1583.59 11000 alpha FV = P/Y = C/Y = 1583.59 o PMT: (End/Begin) End✔ ✔ Part 2 of 2 Verify the installment amount by filling in the amortization table. X 1583.59 1583.59 ✓ 1583.59 1583.59 ✔ 1583.59 ✔ 1583.59 ✔ 1583.59 1583.59 0 End of Period Interest Charged Repayment Made Payment Toward Principal Outstanding Principal 0 11000 ✓ 1 x 2 X 3 X 4 X 5 6 7 8 ✓ 4 End X X X
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Calculate the principal portion of the second payment on the required on an amortized loan annual interest rate of 8.25% for 20 years. finance the purchase of a new home priced at $99,757.57 assuming the O A. $165.30 O B. $174.17 OC. $175.30 O D. $164.17 Click to select your answer. tUs /- MacBook Air 888 F4 14 F7 F1 F3 FS F6 II 4) F9 F10 F11 @ 2$ 4 23 & 2 6. 0. R Y P. S D F H. J K B alt command +

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