Watson_Amortization_Chart_Oct_5

Watson_Amortization_Chart_Oct_5 - Time 1 2 3 4 5 6 7 8 9 10...

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Time Principal Interest Payment 1 $211,601.16 $1,587.01 $3,100.00 $1,512.99 $210,088.17 2 $210,088.17 $1,575.66 $3,100.00 $1,524.34 $208,563.83 3 $208,563.83 $1,564.23 $3,100.00 $1,535.77 $207,028.06 4 $207,028.06 $1,552.71 $3,100.00 $1,547.29 $205,480.77 5 $205,480.77 $1,541.11 $3,100.00 $1,558.89 $203,921.87 6 $203,921.87 $1,529.41 $3,100.00 $1,570.59 $202,351.29 7 $202,351.29 $1,517.63 $3,100.00 $1,582.37 $200,768.92 8 $200,768.92 $1,505.77 $3,100.00 $1,594.23 $199,174.69 9 $199,174.69 $1,493.81 $3,100.00 $1,606.19 $197,568.50 10 $197,568.50 $1,481.76 $3,100.00 $1,618.24 $195,950.26 11 $195,950.26 $1,469.63 $3,100.00 $1,630.37 $194,319.89 12 $194,319.89 $1,457.40 $3,100.00 $1,642.60 $192,677.29 13 $192,677.29 $1,445.08 $3,100.00 $1,654.92 $191,022.37 14 $191,022.37 $1,432.67 $3,100.00 $1,667.33 $189,355.04 15 $189,355.04 $1,420.16 $3,100.00 $1,679.84 $187,675.20 16 $187,675.20 $1,407.56 $3,100.00 $1,692.44 $185,982.76 17 $185,982.76 $1,394.87 $3,100.00 $1,705.13 $184,277.64 18 $184,277.64 $1,382.08 $3,100.00 $1,717.92 $182,559.72 19 $182,559.72 $1,369.20 $3,100.00 $1,730.80 $180,828.92 20 $180,828.92 $1,356.22 $3,100.00 $1,743.78 $179,085.13 21 $179,085.13 $1,343.14 $3,100.00 $1,756.86 $177,328.27 22 $177,328.27 $1,329.96 $3,100.00 $1,770.04 $175,558.23 23 $175,558.23 $1,316.69 $3,100.00
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This note was uploaded on 04/05/2009 for the course ORIE 350 taught by Professor Callister during the Summer '08 term at Cornell University (Engineering School).

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Watson_Amortization_Chart_Oct_5 - Time 1 2 3 4 5 6 7 8 9 10...

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