ACC230WB2-3 - 16 131.26 40.11 91.15 4284.08 17 128.52 39.27...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
credit card payment schedule Interest rate 11% Monthly payment 3% of loan balance Monthly Loan Month Payment Interest Principle Balance 0 $6,000.00 1 $180 $55.00 $125.00 5875.00 2 176.25 53.85 122.40 5752.60 3 172.58 52.73 119.85 5632.76 4 168.98 51.63 117.35 5515.41 5 165.46 50.56 114.90 5400.50 6 162.02 49.50 112.51 5287.99 7 158.64 48.47 110.17 5177.83 8 155.33 47.46 107.87 5069.96 9 152.10 46.47 105.62 4964.33 10 148.93 45.51 103.42 4860.91 11 145.83 44.56 101.27 4759.64 12 142.79 43.63 99.16 4660.48 13 139.81 42.72 97.09 4563.39 14 136.90 41.83 95.07 4468.32 15 134.05 40.96 93.09 4375.23
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 16 131.26 40.11 91.15 4284.08 17 128.52 39.27 89.25 4194.82 18 125.84 38.45 87.39 4107.43 19 123.22 37.65 85.57 4021.86 20 120.66 36.87 83.79 3938.07 21 118.14 36.10 82.04 3856.03 22 115.68 35.35 80.33 3775.69 23 113.27 34.61 78.66 3697.03 24 110.91 33.89 77.02 3620.01 25 108.60 33.18 75.42 3544.60 26 106.34 32.49 73.85 3470.75 27 104.12 31.82 72.31 3398.44 28 101.95 31.15 70.80 3327.64 29 99.83 30.50 69.33 3258.32 30 97.75 29.87 67.88 3190.43...
View Full Document

This note was uploaded on 04/07/2008 for the course ACC 230 taught by Professor Vawter during the Spring '08 term at Glendale Community College.

Ask a homework question - tutors are online