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Q5 What is the future value of $10,000 invested over 5 years at 5% with no intervening payments? Q6 What would the equal annual payments
Q5 | What is the future value of $10,000 invested over 5 years at 5% with no intervening payments? |
Q6 | What would the equal annual payments have to be in order for you to be indifferent to the investment in Q5 using PV,i, and n variables from Q5? What would the ending value be? |
Q7 | What is the present value of an investment that pays $1,000 at maturity after 6 annual payments of $60/year? |
Q8 | What would be the annual payments of an annuity that has the same return and number of years as the investment in Q7? |
Q9 | Find an amortizing loan schedule online and paste a picture of the table on a separate tab |
Q10 | What is the interest portion of the first and last payments from the schedule you found for Q9 |
Q9
A E H Loan Amortization Schedule _- 2 Borrower: [Company Name] [Address, City, ST ZIP Phone: [Phone] 3 [Address, City, ST ZIP] Phone: [Phone] 4 Loan Information Summary Rate (per period) Number of Payments Total Payments Loan Amount 100,000.00 0.583% 8 Annual Interest Rate 7.00% 180 Term of Loan in Years 15 161,788.73 61,788.73 10 First Payment Date Payment Frequency Compound Period 1/1/2009 Total Interest 11 Est. Interest Savings Monthly 0.36 12 13 Monthly Payment Type 14 End of Period 15 898,83 Monthly Payment 16 17 Rounding On 18 Amortization Schedule Additional Interest 19 No Due Date Payment Payment Principal Balance 100,000.00 20 21 1/1/09 898.83 583.33 315.50 99,684.50 22 2 2/1/09 898.83 581.49 317.34 99,367.16 23 99,047.97 3 3/1/09 898.83 579.64 319.19 24 4 4/1/09 898.83 577.78 321.05 98,726.92 25 5 5/1/09 898.83 575.91 322.92 98,404.00 26 6 6/1/09 898.83 574.02 324.81 98,079.19 27 326.70 7 7/1/09 898.83 572.13 97,752.49 28 8/1/09 898.83 570.22 328.61 97,423.88 29 330.52 9 9/1H09 898.83 568.31 97,093.36 30 10/1/09 10 898.83 566.38 332.45 96,760.91 31 11 11/1/09 898.83 564.44 334.39 96,426.52 32 12 12/1/09 898.83 562.49 336.34 96,090.18 33 13 /1/10 898.83 560.53 338.30 95,75188 34 898.83 340.28 95,411.60 14 2/1/10 558.55 35 15 3/1/10 898.83 556.57 342.26 95,069.34 36 554.57 344.26 16 4/1/10 898.83 94,725.08 37 17 5/1/10 898.83 552.56 346.27 94,378.81 38 18 6/1/10 898.83 550.54 348.29 94,030.52 548.5 39 19 7/10 898.83 350.32 93,680.20 LLStep by Step Solution
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