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Posted on Jun 05, 2024

NEW Scenario I. Following from ] where to monthly repayments have been made, the borrower decides to alter the repayment plan SUCH that the Loan

NEW Scenario I. Following from ] where to monthly repayments have been made, the borrower decides to alter the repayment plan SUCH that the Loan will be repaid fully by month GO . Other things being Equal calculate the revised amount of fixed repayment for these last 12 TEDATTHETILE [ L.E_ from the 4 5 th TEDATTIEnt to the GUth TEDATTenIt ) .KUNIDIET ON VIE BITE by digit Humber Of months EFFECTIVE annual interest {. LILI` EFFECTIVE Monthly interest [I. EIT` LOAN BITOUINE I LOAN SITIOLINE $ 45.3. 5:37 $ 4. 970_.3:4 47 LOAN Amortization Schedule 101 Month | Balance at the beginning of ( Interest paymerinfinal repayme Balance at the End Of IT HE ' LILE " $ $ - $ 453. 5.37. [ $ 451. 74 4. 87 12' $ 451. 744. 87\ -$ 4. 5101.34 $ 4 4.4. EAGLE . TE LE BEE "Z$ 1 : 3 $ 4 4.4. ENCE. TE $ 4 47. 9.34. 7{ $47. 4.34. 7{ $ 2.GEE . {` -$ 4.5101. 34 $ 4 4 E. [IT]. EVEN \ITY $ 4 4E. [IT. GIE $ 2.37.3. 401 $ 44 4. [7.3. 75 $44 4. [7.3. 75 # Z.DELI. 45 $: 4 42. 72.3. 907 $ 4 4 2. 123.50 -$ 4. 371. 3:4 " IT LILOF_ QUITIFF $ 2.9147. 4.9 $4 401. YET . [IS $ 4 4[. TEXT. [IS $ 2. 4:34. 47 -$ 4. 371 1. 34 $ 4. 3E. YES . TZ` Fil $ 4.3E. YES. TZ $ 2.921. 2` $ 4. 5701. 34 $ 4.3 E. T.E. [17 # 4.3 E. THE. [IT $ 2.907 .37 -$ 4. 571. 34 $ 4:34. 1:5.3. 5:4 $ 4.34. 1.9.3. 5:4 $ 2.BY4 . EZ -$ 4. 59701. 34 $ 4.32, TFT. }} ZZ' TE' $ 432. 17 7. ]} -$ 4.5711. 34 $ 4.30. 14 E. IT EL 2` * Z.BEIT . FIVE 24 14 $4ZE . TUE . [I] $ 2.GEN. [ 14 $ 4. 5701. 34 $ 4ZE. [14.4. 7.] 25 75 , $ 4. 571 1. 34 $ 423.979. TE ZE TEi $ 423. 97.] . THE # Z. EZE. 5` -$ 4. 59701 . 34 IT $ 427. 895.97 $ 2. ETZ . Eid -$ 4. 5701. 34 ZE TE #413. THE ZT $ 2. THE. FIFI # 4 17. GEE. 5.9 2} 1:47 # 4 17. GEE. 5.3 $ ZTE4 . SE $ 4 75. 5ELI. {`]$ 2.5FIT . T.` 4 51 $ 2. SHE. 1.3 - $ 4 571 1 }4 4 F . $ 37.4. 5 5.5. 4E $ 2. 530. 37 - $ 4. 571 1 . 34 $ 3FT. IT5. 5IT 4 7 37 $ 3FT. ITS. 57 $ 2. 514. 5.1] - $ 4. 5171. 34 Fit $ 2. 495. 5} -$ 4. 571 1. 3:4 $ 3TZ. SET . BIT EE . 4} * 3TZ. SET . BIT $ 2.402. 45 Fill $ 304. 9.3.4. 9 5 $ 2. 4FIE ZT #`SET. 4.95. 57 FIT 47 $ 357. 4.95.37 $ 2. 4 49. 97 -$ 4. 571 1 .34 #`YES. [1.35. 5.4 * 3ES [35. 54 $ 2. 43.3.57 $ 3EZ GOETT 4 : 3 # 2. 417 . [IF -$ 4. 571 1. 3:4 F14 4 4 * 3TELL LIES. 4.4 $ 2. 4[I]. 4 4 $ 4. 571 . 34 $357.5.5 5. 50 FIFI 45 $ 357. 5.55. SE $ 35,5, 0ZE. 95 FIE HE $ 35.5. UZE. }} # Z. SEE . [IF -$ 4.571 1. 34 $ 352. 45.5 4 {` FIF 4 7 -$ 4. 571. 34 $3:49. 925. [1} -$ 4.571 1 . 34 $3:47. 347. 52" 5:4 5LE " Z$ Eit $}47. 347. 52 -$ 4 571 1 . 34 $}44. 75ZE` #}44. 75ZE'S $ 2. ZEE. 35 Eil 57 $}4 2. 141. 5:4 $ 2.ZEL. 514 -$ 4.37101 . 34 $ 3.34.571. 44 5.2" $}3:4.571. 44 $ 2. ZE . 3 . 47 DE FILE" T$ - * 3.3E GE:4 . 57 {` 5.] * }}E. [IFi4 . 57 $ 2. 245 . TE 6:4 5.4 $ 3:34. 194. 9:3 -$ 4. 371 1. 34 $ 3.37. 517. 5 3 5.5 $ 3:37. 517. 5.3 -$ 4. 5721. 34 EIE 5,Fi * ZZE.ETT . AT $ 2. 1.32. 12` - $ 4.3701. 34 * }ZE . [1.9.3 . 14 ET 57 $3ZE . [IT ] . 14 $ 323`EZ . BUT 5FI -$ 4. 51701.34 $ 3ZO. ELIE. ZY $ 2. 1.37. 3.4 $ 3IT. EZE. ZE Fil] $ 3IT. {`35. ZE $ 2. THE. 50 -$ 4. 571 1 . 34 $ 375. 043. 5 Z" Fix - $ 4 5101 . 34 E Z' DILL " ?` # 375. 043. BIZ` FEE" -$ 4. 571. 34 $ 3:[14. 4014. 59 EL $~ [IF`"