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a) Terminate Loan

Year

Dividend

Loan Amount:
Installment:
Dividend:

200000
1163
7.50%

1
2
3

15000.00
16125.00
17334.38

Loan Amount:
Installment:
Dividend:

248000
1442
7.50%

1
2
3

18600.00
19995.00
21494.63

Loan Amount:
Installment:
Dividend:

308000
1791
7.50%

1
2
3

23100.00
24832.50
26694.94

Total Cash @
Year 9
273051.87

-

b) Not Terminate Loan
Loan Amount:
Installment:
Dividend:

Total
Installments for
9 years
158256

Year

200000
1163
7.50%

Dividend
1
2
3
4
5
6
7
8
9

Total Cash @
Year 9
229369.76

-

=

Total
Installments for
9 years
125604

15000.00
16125.00
17334.38
18634.45
20032.04
21534.44
23149.52
24885.74
26752.17

=

13 266600.34 73321.31 331809.87 ASB Balance 215000.13 182079.18 65255.97 Cash when terminate loan (ASB Balance .00 231125.89 177018.27 191482.87 308660.38 267093.50 382627.00 231125.00 308089.98 69171.27 191482.76 0.32 168156.ASB Balance Principal Balance (Ammortization) Cash when terminate loan (ASB Balance .25 294882.83 287125.57 383447.02 Net Gain 114795.59 61562.20 186897.76 Principal Balance (Ammortization) 195846.50 160244.63 242849.25 Other Investment (~6%) - 76337.00 248459.85 158638.Loan Balance) 215000.38 195846.83 356695.92 231752.20 186897.44 301603.71 171701.00 .62 94805.00 248459.58 287821.73 Net Gain 103765.24 166114.00 355932.00 286595.85 154077.45 331100.62 178246.Loan Balance) Other Investment (~6%) - 229369.37 237437.