ALT-LOAN AMORTIZATION TABLE
									PV OF $1	0,04	0,05	0,06	0,08	0,10
									1	0,9615	0,9524	0,9434	0,9259	0,9091
	Norman borrowed $15,000 from a bank on a five-year installment loan, with annual payments.								2	0,9246	0,9070	0,8900	0,8573	0,8264
	The interest rate per year is 8.00%.								3	0,8890	0,8638	0,8396	0,7938	0,7513
									4	0,8548	0,8227	0,7921	0,7350	0,6830
									5	0,8219	0,7835	0,7473	0,6806	0,6209
	Tolerance = + or - .50.
			Interest	Principal	Loan				PV OF ANNUITY OF $1	0,04	0,05	0,06	0,08	0,10
	Period	Payment	Expense	Reduction	Balance				1	0,9615	0,9524	0,9434	0,9259	0,9091
	0								2	1,8861	1,8594	1,8334	1,7833	1,7355
	1								3	2,7751	2,7232	2,6730	2,5771	2,4869
	2								4	3,6299	3,5460	3,4651	3,3121	3,1699
	3								5	4,4518	4,3295	4,2124	3,9927	3,7908
	4
	5