1. Ms. Gomez, a Sales Associate of Toda Cars offers you a Toda Wigogo 2021 1.01...
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1. Ms. Gomez, a Sales Associate of Toda Cars offers you a Toda Wigogo 2021 1.01 A/T car loan sample computation: Selling Price Downpayment LOAN AMOUNT MONTHLY AMORTIZATION 1 YEAR 2 YEARS 3 YEARS 4 YEARS 5 YEARS P658,000.00 131,600.00 P526,400.00 45,613.00 23,940.00 16,665.00 13,072.00 11,016.00 NO OTHER DATA PROVIDED. GIVEN THE LIMITED DATE, (1) CREATE A LOAN AMORTIZATION TABLE FOR LOAN PAYABLE IN 1 YEAR, 2 YEARS, 3 YEARS, 4 YEARS AND 5 YEARS WITH THE GIVEN FORMAT FOUND BELOW (2) COMPUTE APR FOR EACH OPTION 1 YEAR AMORTIZATION (FOR EXAMPLE) MONTHLY AMORTIZATION AMOUNT PAYABLE TO PRINCIPAL AMOUNT OUTSTANDING PAYABLE TO BALANCE INTEREST 1 2 3 45613.00 526400.00 1. Ms. Gomez, a Sales Associate of Toda Cars offers you a Toda Wigogo 2021 1.01 A/T car loan sample computation: Selling Price Downpayment LOAN AMOUNT MONTHLY AMORTIZATION 1 YEAR 2 YEARS 3 YEARS 4 YEARS 5 YEARS P658,000.00 131,600.00 P526,400.00 45,613.00 23,940.00 16,665.00 13,072.00 11,016.00 NO OTHER DATA PROVIDED. GIVEN THE LIMITED DATE, (1) CREATE A LOAN AMORTIZATION TABLE FOR LOAN PAYABLE IN 1 YEAR, 2 YEARS, 3 YEARS, 4 YEARS AND 5 YEARS WITH THE GIVEN FORMAT FOUND BELOW (2) COMPUTE APR FOR EACH OPTION 1 YEAR AMORTIZATION (FOR EXAMPLE) MONTHLY AMORTIZATION AMOUNT PAYABLE TO PRINCIPAL AMOUNT OUTSTANDING PAYABLE TO BALANCE INTEREST 1 2 3 45613.00 526400.00
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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