Please answer all questions
FIN. 350/ SPREADSHEET PROJECT #3/W12019 VALUATION A- 1. Construct a loan amortization schedule for a 15- year, 7.75% loan of $10,000,000. The loan requires equal, end-of-year payments, and interest is compounded monthly What is the total amount of interest paid over the life of the loan? 2. Re-construct this amortization schedule assuming that interest is compounded annually. What total amount of interest is paid over the life the loan - What is the difference between those total interest amounts 3. Assume that in sections 1 and 2 above, there is a balloon payment requirement after 10 years. What is the balloon payment in section 1 What is the balloon payment in Section 2? What is the difference between these amounts? B.- 1. Construct a loan amortization schedule for a S2,000,000, 3-year loan, made at 6.85% quoted annual rate. Interest is compounded daily, and the loan requires equal end-of-period monthly payments. What is the total amount of interest paid on this loan? FIN. 350/ SPREADSHEET PROJECT #3/W12019 VALUATION A- 1. Construct a loan amortization schedule for a 15- year, 7.75% loan of $10,000,000. The loan requires equal, end-of-year payments, and interest is compounded monthly What is the total amount of interest paid over the life of the loan? 2. Re-construct this amortization schedule assuming that interest is compounded annually. What total amount of interest is paid over the life the loan - What is the difference between those total interest amounts 3. Assume that in sections 1 and 2 above, there is a balloon payment requirement after 10 years. What is the balloon payment in section 1 What is the balloon payment in Section 2? What is the difference between these amounts? B.- 1. Construct a loan amortization schedule for a S2,000,000, 3-year loan, made at 6.85% quoted annual rate. Interest is compounded daily, and the loan requires equal end-of-period monthly payments. What is the total amount of interest paid on this loan