Lili Tang-20328414

Lili Tang-20328414 - x=1206.41 time t/month outstanding...

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x=1206.41 time t/month outstanding balance at time t 0 310000 1 309413.59 2 308826.01 3 308237.25 4 307647.31 5 307056.19 6 306463.89 7 305870.41 8 305275.74 9 304679.88 10 304082.83 11 303484.59 12 302885.15 13 302284.51 14 301682.67 15 301079.63 16 300475.38 17 299869.92 18 299263.25 19 298655.37 20 298046.27 21 297435.95 22 296824.41 23 296211.65 24 295597.66 25 294982.45 ... 360 1204
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when t=15month, principal repaid is larger than the interest paid payment at time t interest paid at time t 1206.41 620 1206.41 618.83 1206.41 617.65 1206.41 616.47 1206.41 615.29 1206.41 614.11 1206.41 612.93 1206.41 611.74 1206.41 610.55 1206.41 609.36 1206.41 608.17 1206.41 606.97 1206.41 605.77 1206.41 604.57 1206.41 603.37 1206.41 602.16 1206.41 600.95 1206.41 599.74 1206.41 598.53 1206.41 597.31 1206.41 596.09 1206.41 594.87 1206.41 593.65 1206.41 592.42 1206.41 591.2 1206.41 589.96 1206.41 2.41
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principal repaid at time t outstanding balance at time t+1 586.41 309413.59 587.58 308826.01 588.76 308237.25
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Lili Tang-20328414 - x=1206.41 time t/month outstanding...

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