HW 9 Amortization Table

HW 9 Amortization Table - 2,591.10 294,413.01 12/31/2011...

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Date Interest Expense Interest Paid Amortization Carrying Book Value 1/1/2008 287,004.00 12/31/2008 14,350.20 12,000.00 2,350.20 289,354.20 12/31/2009 14,467.71 12,000.00 2,467.71 291,821.91 12/31/2010 14,591.10 12,000.00
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Unformatted text preview: 2,591.10 294,413.01 12/31/2011 14,720.65 12,000.00 2,720.65 297,133.66 12/31/2012 14,856.68 12,000.00 2,856.68 299,990.34 Contract Rate Principal Market Rate 4.00% $300,000 5.00% Total: $72,986 $60,000 $12,986...
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This note was uploaded on 05/03/2009 for the course ACCT 201 taught by Professor Anothony during the Spring '07 term at Michigan State University.

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