Question
For your groups institution, determine all relevant terms of an imaginary loan including the loan amount, the maturity, the interest rate used, and the frequency
For your groups institution, determine all relevant terms of an imaginary loan including the loan amount, the maturity, the interest rate used, and the frequency of payment, and then construct an amortization table by calculating annuity payment, interest portion and principal portion of each payment.Notice any patterns of these payments from your table.
US bank
https://www.usbank.com/index.html?ecid=PS_18762&c3apidt=p15957812996&ds_e=GOOGLE&ds_c=BRD_FOOT-Brand+Core+Historical_BD_Exact_Desktop_All&ds_a=Brand+core_exact&ds_k=usbank&ds_kids=p15957812996&i=1&gclsrc=aw.ds&ds_rl=1236841&ds_rl=1237697&ds_rl=1243273&gclid=Cj0KCQjwlvT8BRDeARIsAACRFiWnHxpWAHik3cSGsUJLO5qkKo_660itwfc1uViCbeI_U6OKDuNhva4aAvUEEALw_wcB&gclsrc=aw.ds
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