Please help me with my homework. Thanks!   Please make an amortization schedule using the format I put in the image below—a minimum of 12 periods. Note: I attached an example of the amortization schedule below. Please create one with the same format with a minimum of 12 periods. Thanks!

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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Please help me with my homework. Thanks!

 

Please make an amortization schedule using the format I put in the image below—a minimum of 12 periods.

Note: I attached an example of the amortization schedule below. Please create one with the same format with a minimum of 12 periods. Thanks!

Period
1
2
3
4
5
6
TOTALS
Amortization Schedule
Outstanding
principal (OP)
P 5000
4,283.19
3523.37
2717.96
1,864.23
959.27
Interest due at end
of period (OP x i)
P 300
256.99
211.40
163.08
111.85
57.55
P 1,100.87
1=0-06
A = 101681
Payment (A)
P 1,016.81
1,016.81
1,016.81
1,016.81
1,016.81
1,016.81
P 6,100.86
Principal repaid at
end of period (A-1)
P 716.81
759.82
805.41
853.73
904.96
959.27
P 5,000.00
Transcribed Image Text:Period 1 2 3 4 5 6 TOTALS Amortization Schedule Outstanding principal (OP) P 5000 4,283.19 3523.37 2717.96 1,864.23 959.27 Interest due at end of period (OP x i) P 300 256.99 211.40 163.08 111.85 57.55 P 1,100.87 1=0-06 A = 101681 Payment (A) P 1,016.81 1,016.81 1,016.81 1,016.81 1,016.81 1,016.81 P 6,100.86 Principal repaid at end of period (A-1) P 716.81 759.82 805.41 853.73 904.96 959.27 P 5,000.00
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