What's New ACTIVITY 4.3 AMORTIZATION SCHEDULE Direction: Complete the amortization table below of a loan of P 100 000 payable semi- annually after 5 years at a rate of 10%. Show your solution of the first PV and the rest of succeeding entries of columns E, B and C. Period Unpaid PV, Amortization (B-C) Beginning Interest based on Effective Rate (A x effective rate) B Interest based on stated rate (Principal x stated rate) C Unpaid PV, Ending (A + D) A D E 84 555 4 228 3 000 668L9SAWN-O 3 4 5 7 10 84 555 1 228
What's New ACTIVITY 4.3 AMORTIZATION SCHEDULE Direction: Complete the amortization table below of a loan of P 100 000 payable semi- annually after 5 years at a rate of 10%. Show your solution of the first PV and the rest of succeeding entries of columns E, B and C. Period Unpaid PV, Amortization (B-C) Beginning Interest based on Effective Rate (A x effective rate) B Interest based on stated rate (Principal x stated rate) C Unpaid PV, Ending (A + D) A D E 84 555 4 228 3 000 668L9SAWN-O 3 4 5 7 10 84 555 1 228
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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