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Hello dear, would appreciate your help with this. A credit for $2,400 with interest of 24% payable monthly, for a term of 5 years. a.
Hello dear, would appreciate your help with this. A credit for $2,400 with interest of 24% payable monthly, for a term of 5 years. a. Construct the amortization or payment table using the leveled installment method. B. Construct the table of amortizations or payments using the constant amortization method. C. Suppose that an extraordinary payment is made in the installment 25 for $400. Apply it with the level quota method, to decrease the term. D. Using the indicated in c, apply it to recalculate the quota. With the installment method it levels.
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