Question
1.prepare a loan amortization table for a 3-year loan carrying a 9.23% rate of interest. the loan amount is 50,000. required: a) beginning loan balance
1.prepare a loan amortization table for a 3-year loan carrying a 9.23% rate of interest. the loan amount is 50,000. required:
a) beginning loan balance for year 2
b) total interest expense for the loan to be
2.PR performance rating, 99% OT observed time, 20 minutes ST standard time is 18.5 minutes.
Required: AF allowance factor is ........(4 decimals)
3. PR performance rating, 96.5% ST standard time, 15 minutes AF allowance factor, 5 minutes.
Required: OT observed time is.........minutes (2 decimals)
can you give me advice how to figure the formula for Question like number 2 and 3?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started