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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## This note was uploaded on 03/02/2010 for the course IE 226 taught by Professor Tonkay during the Spring '09 term at Lehigh University .

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ie 226 hw 4 - drillproblem13(continued equaltotalpayments...

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