Question
EXCEL: Complete the loan amortization schedule in the green cells below. You must use at least one of the following formulas (PMT, IPMT, PPMT) in
EXCEL: Complete the loan amortization schedule in the green cells below. You must use at least one of the following formulas (PMT, IPMT, PPMT) in your solution.
| Years | Periods per year | ||||||
| 30 | 12 | ||||||
| Period | PMT | Interest | Principal Paid | Balance | Annual Interest Rate | Lump Sum | |
| 0 | 350,000.00 | ||||||
| 1 | 0.08 | ||||||
| 2 | 0.08 | ||||||
| 3 | 0.08 | 10,000.00 | |||||
| 4 | 0.08 | ||||||
| 5 | 0.08 | ||||||
| 6 | 0.08 | ||||||
| 7 | 0.08 | ||||||
| 8 | 0.08 | ||||||
| 9 | 0.08 | ||||||
| 10 | 0.08 | ||||||
| 11 | 0.08 | ||||||
| 12 | 0.08 | ||||||
| 13 | 0.085 | ||||||
| 14 | 0.085 | ||||||
| 15 | 0.085 | ||||||
| 16 | 0.085 |
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
