Question
1. A debt of $3890 with interest at 4.6% compounded annually is to be repaid by equal payments at the end of each year for
1.
A debt of $3890 with interest at 4.6% compounded annually is to be repaid by equal payments at the end of each year for 4 years.
What is the balance of all remaining table?
| Payment Number | PMT | INT | PRN | BAL |
| 0 | - | - | - | 3890 |
| 1 |
|
|
|
|
| 2 |
|
|
|
|
| 3 |
|
|
|
|
| 4 |
|
|
|
|
| TOTAL |
|
|
|
|
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
