ie 226 hw 4

ie 226 hw 4 - drillproblem13.(continued) equaltotalpayments

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drill problem 13. (continued) equal total payments loan payment schedule Year N (Quarter) IP PP TP Bn 0 0  $250,000.00  1  $8,750.00   $8,840.27   $17,590.27   $241,159.73  2  $8,440.59   $9,149.68   $17,590.27   $232,010.05  3  $8,120.35   $9,469.92   $17,590.27   $222,540.13  1 4  $7,788.90   $9,801.37   $17,590.27   $212,738.77  5  $7,445.86   $10,144.41   $17,590.27   $202,594.35  6  $7,090.80   $10,499.47   $17,590.27   $192,094.89  7  $6,723.32   $10,866.95   $17,590.27   $181,227.94  2 8  $6,342.98   $11,247.29   $17,590.27   $169,980.64  9  $5,949.32   $11,640.95   $17,590.27   $158,339.70  10  $5,541.89   $12,048.38   $17,590.27   $146,291.32  11  $5,120.20   $12,470.07   $17,590.27   $133,821.24  3 12  $4,683.74   $12,906.53   $17,590.27   $120,914.72  13  $4,232.02   $13,358.25   $17,590.27   $107,556.46  14  $3,764.48   $13,825.79   $17,590.27   $93,730.67 
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ie 226 hw 4 - drillproblem13.(continued) equaltotalpayments

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