Question

A loan of $ 5,000 is granted to be amortized over ten years by crediting a constant annuity from the fifth year, paying only the corresponding interest fees during the first four periods. If the annual valuation revenue, constant throughout the operation, is 9%,

Determine :
a) Amount of constant annuities allowing repayment of the loanÇ

b) Capital Outstanding at the beginning of the sixth year

c) Capital written off during the first six years

d) Composition of the amortisation term for the eighth year (breakdown in interest rate and depreciation fee).

Answer 1

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Answer 2

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HERE IS UR ANSWER

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• Interest Rate is the APR from the loan rate chart. If the loan rate is 6.5% you would type 6.5 into the Interest Rate blank
• Principal is the amount of money you want to borrow. If you want to borrow $7,500 you would enter 7500 in the Principal blank
• Monthly Payment is the estimated amount of money you will need to pay each month to pay off the loan