fin221project1 - Part 1 N 0% 3% 6% 9% 1 2000 2060 2120 2180...

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Unformatted text preview: Part 1 N 0% 3% 6% 9% 1 2000 2060 2120 2180 2 2000 2121.8 2247.2 2376.2 3 2000 2185.45 2382.03 2590.06 4 2000 2251.02 2524.95 2823.16 5 2000 2318.55 2676.45 3077.25 6 2000 2388.1 2837.04 3354.2 7 2000 2459.75 3007.26 3656.08 8 2000 2533.54 3187.7 3985.13 9 2000 2609.55 3378.96 4343.79 10 2000 2687.83 3581.7 4734.73 11 2000 2768.47 3796.6 5160.85 12 2000 2851.52 4024.39 5625.33 13 2000 2937.07 4265.86 6131.61 14 2000 3025.18 4521.81 6683.45 15 2000 3115.93 4793.12 7284.96 16 2000 3209.41 5080.7 7940.61 17 2000 3305.7 5385.55 8655.27 18 2000 3404.87 5708.68 9434.24 19 2000 3507.01 6051.2 10283.32 20 2000 3612.22 6414.27 11208.82 Part 2 N 0% 3% 6% 9% 1 2000 1941.75 1886.79 1834.86 2 2000 1885.19 1779.99 1683.36 3 2000 1830.28 1679.24 1544.37 4 2000 1776.97 1584.19 1416.85 5 2000 1725.22 1494.52 1299.86 6 2000 1674.97 1409.92 1192.53 7 2000 1626.18 1330.11 1094.07 8 2000 1578.82 1254.82 1003.73 9 2000 1532.83 1183.8 920.86 10 2000 1488.19 1116.79 844.82 11 2000 1444.84 1053.58 775.07 12 2000 1402.76 993.94 711.07 13 2000 1361.9 937.68 652.36 14 2000 1322.24 884.6 598.49 15 2000 1283.72 834.53 549.08 16 2000 1246.33 787.29 503.74 17 2000 1210.03 742.73 462.15 18 2000 1174.79 700.69 423.99 19 2000 1140.57 661.03 388.98 20 2000 1107.35 623.61 356.86 Part 3 1.) $164,334.24 2.) $1,894,569.27 3.) ($25,104.18) 4.1) $199,937.72 4.2) $2,120,059.50 4.3) ($14,011.22) 5a. Year PV Rate Deposit Annual Rate 160000 1.08 12000 1 160000 1.08 12000 1 2 160000 1.08 12000 1.03 3 160000 1.08 12000 1.06 4 160000 1.08 12000 1.09 5 160000 1.08 12000 1.13 6 160000 1.08 12000 1.16 7 160000 1.08 12000 1.19 8 160000 1.08 12000 1.23 9 160000 1.08 12000 1.27 10 160000 1.08 12000 1.3 11 160000 1.08 12000 1.34 12 160000 1.08 12000 1.38 13 160000 1.08 12000 1.43 14 160000 1.08 12000 1.47 15 160000 1.08 12000 1.51 16 160000 1.08 12000 1.56 17 160000 1.08 12000 1.6 18 160000 1.08 12000 1.65 19 160000 1.08 12000 1.7 20 160000 1.08 12000 1.75 5b Rate N PV FV PMT 0.08 25 ### $124,117.11 5c Rate N PV FV PMT 0.08 20 160000 1430916 ($14,972.32) PART 4 1. 1317.87 or 1317.866108 to be exact begginig amt payment interest payment of principal year 1 240000 1317.87 1040 277.87 2 239722.13 1317.87 1038.8 279.07 3 239443.06 1317.87 1037.59 280.28 4 239162.78 1317.87 1036.37 281.49 5 238881.29 1317.87 1035.15 282.71 6 238598.58 1317.87 1033.93 283.94 7 238314.64 1317.87 1032.7 285.17 8 238029.47 1317.87 1031.46 286.41 9 237743.06 1317.87 1030.22 287.65 10 237455.42 1317.87 1028.97 288.89 11 237166.52 1317.87 1027.72 290.14 12 236876.38 1317.87 1026.46 291.4 13 236584.98 1317.87 1025.2 292.66 14 236292.31 1317.87 1023.93 293.93 15 235998.38 1317.87 1022.66 295.21 16 235703.17 1317.87 1021.38 296.49 17 235406.69 1317.87 1020.1 297.77 18 235108.92 1317.87 1018.81 299.06 19 234809.86 1317.87 1017.51 300.36 20 234509.5 1317.87 1016.21 301.66 21 234207.84 1317.87 1014.9 302.97 22 233904.88 1317.87 1013.59 304.28 23 233600.6 1317.87 1012.27 305.6 24 233295 1317.87 1010.95 306.92 25...
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fin221project1 - Part 1 N 0% 3% 6% 9% 1 2000 2060 2120 2180...

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