RelativeResourceManager_ ChengDIng

RelativeResourceManager_ ChengDIng - Amortization of a loan...

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Unformatted text preview: Amortization of a loan Total Loan Amount-$40,000.00 Annual % Interest 3.75% Loan Term 3 years Rate 0.31% Period $36.00 Payment $1,176.52 Period Number Principle Paid $0.00 $0.00 $0.00 $0.00-$40,000.00 1 $1,051.52 $125.00 $1,051.52 $125.00-$38,948.48 2 $1,054.80 $121.71 $2,106.32 $246.71-$37,893.68 3 $1,058.10 $118.42 $2,112.90 $240.13-$36,835.58 4 $1,061.40 $115.11 $2,119.50 $233.53-$35,774.18 5 $1,064.72 $111.79 $2,126.13 $226.91-$34,709.46 6 $1,068.05 $108.47 $2,132.77 $220.26-$33,641.41 7 $1,071.39 $105.13 $2,139.44 $213.60-$32,570.02 8 $1,074.73 $101.78 $2,146.12 $206.91 -$31,495.29 9 $1,078.09 $98.42 $2,152.83 $200.20 -$30,417.19 10 $1,081.46 $95.05 $2,159.56 $193.48-$29,335.73 11 $1,084.84 $91.67 $2,166.30 $186.73 -$28,250.89 12 $1,088.23 $88.28 $2,173.07 $179.96 -$27,162.66 13 $1,091.63 $84.88 $2,179.86 $173.17 -$26,071.02 14 $1,095.04 $81.47 $2,186.68 $166.36-$24,975.98 15 $1,098.47 $78.05 $2,193.51 $159.52-$23,877.51 16 $1,101.90 $74.62 $2,200.37 $152.67 -$22,775.61 17 $1,105.34 $71.17 $2,207.24 $145.79 -$21,670.27 18 $1,108.80 $67.72 $2,214.14 $138.89-$20,561.48 19 $1,112.26 $64.25 $2,221.06 $131.97 -$19,449.21 20 $1,115.74 $60.78 $2,228.00 $125.03-$18,333.48 21 $1,119.22 $57.29 $2,234.96 $118.07 -$17,214.25$118....
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This note was uploaded on 01/29/2012 for the course COMPUTING 12042 taught by Professor Martinester during the Spring '09 term at Simon Fraser.

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RelativeResourceManager_ ChengDIng - Amortization of a loan...

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