108 project 2 done - 90 2973.105 23 2973.105 6.68948664 90...

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Givens: Principal 900 Compounds 12 APR 0.027 Payment 90 Months Principal Interest Payment Total 1 900 2.025 90 992.025 2 992.025 2.23205625 90 1084.257 3 1084.257 2.43957838 90 1176.697 4 1176.697 2.64756743 90 1269.344 5 1269.344 2.85602445 90 1362.2 6 1362.2 3.06495051 90 1455.265 7 1455.265 3.27434665 90 1548.54 8 1548.54 3.48421393 90 1642.024 9 1642.024 3.69455341 90 1735.718 10 1735.718 3.90536615 90 1829.624 11 1829.624 4.11665323 90 1923.74 12 1923.74 4.3284157 90 2018.069 13 2018.069 4.54065463 90 2112.609 14 2112.609 4.75337111 90 2207.363 15 2207.363 4.96656619 90 2302.329 16 2302.329 5.18024097 90 2397.51 17 2397.51 5.39439651 90 2492.904 18 2492.904 5.6090339 90 2588.513 19 2588.513 5.82415423 90 2684.337 20 2684.337 6.03975857 90 2780.377 21 2780.377 6.25584803 90 2876.633 22 2876.633 6.47242369
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Unformatted text preview: 90 2973.105 23 2973.105 6.68948664 90 3069.795 24 3069.795 6.90703799 90 3166.702 25 3166.702 7.12507882 90 3263.827 26 3263.827 7.34361025 90 3361.17 27 3361.17 7.56263337 90 3458.733 28 3458.733 7.7821493 90 3556.515 29 3556.515 8.00215913 90 3654.517 30 3654.517 8.22266399 90 3752.74 31 3752.74 8.44366499 90 3851.184 32 3851.184 8.66516323 90 3949.849 33 3949.849 8.88715985 90 4048.736 34 4048.736 9.10965596 90 4147.846 35 4147.846 9.33265268 90 4247.178 36 4247.178 9.55615115 90 4346.734 1735.71829 3240 "=1000*(1+0.08/12)^9+50*((1+0.08/12)^9-1)/(0.08/12) Total Principal ($1,735.72) 1106.734 "=-FV(0.08/12,9,50,1000) Total Interest...
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