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Amortization Table

The document appears to be a table showing the details of a bond held from 1/1/2018 to 12/31/2022, including the nominal interest, effective interest, premium, and carrying value on each date. It also includes a breakdown of the interest expense and premium amortization for each 6 month period.

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Ferdinand Sanchez
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352 views4 pages

Amortization Table

The document appears to be a table showing the details of a bond held from 1/1/2018 to 12/31/2022, including the nominal interest, effective interest, premium, and carrying value on each date. It also includes a breakdown of the interest expense and premium amortization for each 6 month period.

Uploaded by

Ferdinand Sanchez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Date Nominal Effective Premium Bonds Carrying

Interest Interest Value


1/1/2018 1110401.3 1/1/2018 Cash
6/30/18 75,000 66624.08 8,375.92 1102025.38
12/31/18 75,000 66121.52 8,878.48 1093146.91
06/30/19 75,000 65588.81 9,411.19 1083735.72
12/31/19 75,000 65024.14 9,975.86 1073759.86 06/30/18 Interst expense
6/30/20 75,000 64425.59 10,574.41 1063185.46 Premium on Bonds
12/31/20 75,000 63791.13 11,208.87 1051976.58
6/30/21 75,000 63118.60 11,881.40 1040095.18
12/31/21 75,000 62405.71 12,594.29 1027500.89 12/31/18 Interst expense
6/30/22 75,000 61650.05 13,349.95 1014150.94 Premium on Bonds
12/31/22 75,000 60849.06 14,150.94 1000000.00

06/30/19 Interst expense


Premium on Bonds
1,000,000 0.558394777 558394.78
75000 7.360087051 552006.53
1110401.31
1110401.3
Bonds Payable 1,000,000
Premium on Bonds 110401.3

Interst expense 66624.08


Premium on Bonds 8,375.92
Cash 75,000

Interst expense 66121.52


Premium on Bonds 8,878.48
Cash 75,000

Interst expense 65588.81


Premium on Bonds 9,411.19
Cash 75,000
Date Principal NI Total PVIF PV
1,000,000 360000 1,360,000 0.75131 1021788
1,000,000 240000 1,240,000 0.82645 1024793
1,000,000 120000 1,120,000 0.90909 1018182
3064763 306476.3 4763.336 0.001554
360000
120000

NI EI Amortize CV
Jan-18 3,106,680
Dec-18 360000 310668 49332 2,057,348
Dec-19 240000 205734.8 34265.2 1,023,083 1,000,000
120000 102308.3 17691.72 5,391
Date NI EI

3,000,000 3000
3005259

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