fin amort - $10,061.46 13 $10,061.46 $844.05 $10.31 $833.74...

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Alan Wood Alan Wood FIN 301 FIN 301 Loan amou $20,000.00 Interest ra 1.23% per year Loan perio 24 months Payment $844.05 per month Month Payment Interest Paid Principal Paid 1 $20,000.00 $844.05 $20.50 $823.55 $19,176.45 2 $19,176.45 $844.05 $19.66 $824.39 $18,352.06 3 $18,352.06 $844.05 $18.81 $825.24 $17,526.81 4 $17,526.81 $844.05 $17.96 $826.09 $16,700.72 5 $16,700.72 $844.05 $17.12 $826.93 $15,873.79 6 $15,873.79 $844.05 $16.27 $827.78 $15,046.01 7 $15,046.01 $844.05 $15.42 $828.63 $14,217.37 8 $14,217.37 $844.05 $14.57 $829.48 $13,387.89 9 $13,387.89 $844.05 $13.72 $830.33 $12,557.56 10 $12,557.56 $844.05 $12.87 $831.18 $11,726.38 11 $11,726.38 $844.05 $12.02 $832.03 $10,894.34 12 $10,894.34 $844.05 $11.17 $832.88
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Unformatted text preview: $10,061.46 13 $10,061.46 $844.05 $10.31 $833.74 $9,227.72 14 $9,227.72 $844.05 $9.46 $834.59 $8,393.13 15 $8,393.13 $844.05 $8.60 $835.45 $7,557.67 16 $7,557.67 $844.05 $7.75 $836.30 $6,721.37 17 $6,721.37 $844.05 $6.89 $837.16 $5,884.21 18 $5,884.21 $844.05 $6.03 $838.02 $5,046.19 19 $5,046.19 $844.05 $5.17 $838.88 $4,207.31 20 $4,207.31 $844.05 $4.31 $839.74 $3,367.56 21 $3,367.56 $844.05 $3.45 $840.60 $2,526.96 22 $2,526.96 $844.05 $2.59 $841.46 $1,685.50 23 $1,685.50 $844.05 $1.73 $842.32 $843.18 24 $843.18 $844.04 $0.86 $843.18 $0.00 Beginning Balance Ending Balance...
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This homework help was uploaded on 04/18/2008 for the course FIN 301 taught by Professor Mccabe during the Spring '08 term at University of Louisville.

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