146Lab04 - Year 1 $9,000.00 $7,391.94 $1,608.06 454.87 2...

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Loan Payment Calculator Date 6-Jun-2010 Rate 5.50% Item Car Years 5 Price $10,000.00 Monthly Pymt $171.91 Down Pymt $1,000.00 Total Interest $1,314.63 Loan Amt $9,000.00 Total Cost $11,314.63 Interest Rate Schedule Rate Monthly Pymt Total Interest Total Cost $171.91 $1,314.63 $11,314.63 5.50% 171.91 1,314.63 11,314.63 5.75% 172.95 1,377.05 11,314.63 6.00% 174.00 1,439.71 11,314.63 6.25% 175.04 1,502.60 11,314.63 6.50% 176.10 1,565.72 11,314.63 6.75% 177.15 1,629.07 11,314.63 7.00% 178.21 1,692.65 11,314.63 7.25% 179.27 1,756.46 11,314.63 7.50% 180.34 1,820.49 11,314.63 7.75% 181.41 1,884.76 11,314.63 8.00% 182.49 1,949.25 11,314.63 Amorization Schedule
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Unformatted text preview: Year 1 $9,000.00 $7,391.94 $1,608.06 454.87 2 $7,391.94 $5,693.17 $1,698.77 364.16 3 $5,693.17 $3,898.58 $1,794.59 268.33 4 $3,898.58 $2,002.76 $1,895.82 167.10 5 $2,002.76 $- $2,002.76 60.17 6 $0.00 $- $- 0.00 7 $0.00 $- $- 0.00 8 $0.00 $- $- 0.00 9 $0.00 $- $- 0.00 10 $0.00 $- $- 0.00 11 $0.00 $- $- 0.00 12 $0.00 $- $- 0.00 13 $0.00 $- $- 0.00 14 $0.00 $- $- 0.00 15 $0.00 $- $- 0.00 Subtotals $9,000.00 1314.63 Down Pymt 1000.00 Total Cost 11314.63 Behinning Balance Ending Balance Paid On Principal Interest Paid...
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This note was uploaded on 06/05/2010 for the course CIS 105 taught by Professor Dunn during the Spring '10 term at Skagit Valley College.

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