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  • Excel Generated Sheets Will Be Open Through Excel

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    M ShahZeb Khan
    16 views3 pages
    The document shows the amortization schedule for a $25,000 loan over 10 years at an annual interest rate of 3.5%. Each year, an annual payment of $3,006.03 will be made, with a portion going toward interest and the remainder reducing the outstanding principal. Over the 10 year loan term, the principal balance will decrease each year from $25,000 to $0 as the loan is paid off.

    Original Description:

    strategic management

    Original Title

    assignment 9-4-20

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    The document shows the amortization schedule for a $25,000 loan over 10 years at an annual interest rate of 3.5%. Each year, an annual payment of $3,006.03 will be made, with a portion going toward interest and the remainder reducing the outstanding principal. Over the 10 year loan term, the principal balance will decrease each year from $25,000 to $0 as the loan is paid off.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    16 views3 pages

    Excel Generated Sheets Will Be Open Through Excel

    Uploaded by

    M ShahZeb Khan
    The document shows the amortization schedule for a $25,000 loan over 10 years at an annual interest rate of 3.5%. Each year, an annual payment of $3,006.03 will be made, with a portion going toward interest and the remainder reducing the outstanding principal. Over the 10 year loan term, the principal balance will decrease each year from $25,000 to $0 as the loan is paid off.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Excel generated sheets will be open through Excel.

    Flat Payment Schedules


    principle 25000
    int 3.50%
    n/loan terms 10
    annual payment $3,006.03

    Principle at
    beginning of pmt at end return of
    years year of year interest principle
    1 25000 $3,006.03 875 $2,131.03
    2 $22,868.97 $3,006.03 800.4138 $2,205.62
    3 $20,663.35 $3,006.03 723.2171 $2,282.82
    4 $18,380.53 $3,006.03 643.3185 $2,362.72
    5 $16,017.81 $3,006.03 560.6234 $2,445.41
    6 $13,572.40 $3,006.03 475.0341 $2,531.00
    7 $11,041.40 $3,006.03 386.4491 $2,619.59
    8 $8,421.82 $3,006.03 294.7636 $2,711.27
    9 $5,710.55 $3,006.03 199.8691 $2,806.17
    10 $2,904.38 $3,006.03 101.6533 $2,904.38
    11 ($0.00)

    Flat Payment Schedules


    principle 25000
    int 3.50%
    n/loan terms 10
    annual payment $3,006.03

    Principle at
    beginning of pmt at end return of
    years year of year interest principle
    1 25000 $3,006.03 875 $2,131.03
    2 $22,868.97 $3,006.03 800.4138 $2,205.62
    3 $20,663.35 $3,006.03 723.2171 $2,282.82
    4 $18,380.53 $3,006.03 643.3185 $2,362.72
    5 $16,017.81 $3,006.03 560.6234 $2,445.41
    6 $13,572.40 $3,006.03 475.0341 $2,531.00
    7 $11,041.40 $3,006.03 386.4491 $2,619.59
    8 $8,421.82 $3,006.03 294.7636 $2,711.27
    9 $5,710.55 $3,006.03 199.8691 $2,806.17
    10 $2,904.38 $3,006.03 101.6533 $2,904.38
    11 ($0.00)
    Flat Payment Schedules
    principle 25000
    int 3.50%
    n/loan terms 10
    annual payment $3,006.03

    Principle at
    beginning of pmt at end return of
    years year of year interest principle
    1 25000 $3,006.03 875 $2,131.03
    2 $22,868.97 $3,006.03 800.4138 $2,205.62
    3 $20,663.35 $3,006.03 723.2171 $2,282.82
    4 $18,380.53 $3,006.03 643.3185 $2,362.72
    5 $16,017.81 $3,006.03 560.6234 $2,445.41
    6 $13,572.40 $3,006.03 475.0341 $2,531.00
    7 $11,041.40 $3,006.03 386.4491 $2,619.59
    8 $8,421.82 $3,006.03 294.7636 $2,711.27
    9 $5,710.55 $3,006.03 199.8691 $2,806.17
    10 $2,904.38 $3,006.03 101.6533 $2,904.38
    11 ($0.00)
    Flat Payment Schedules
    principle 25000
    int 3.50%
    n/loan terms 10
    annual payment $3,006.03

    Principle at
    beginning of pmt at end return of
    years year of year interest principle
    1 25000 $3,006.03 875 $2,131.03
    2 $22,868.97 $3,006.03 800.4138 $2,205.62
    3 $20,663.35 $3,006.03 723.2171 $2,282.82
    4 $18,380.53 $3,006.03 643.3185 $2,362.72
    5 $16,017.81 $3,006.03 560.6234 $2,445.41
    6 $13,572.40 $3,006.03 475.0341 $2,531.00
    7 $11,041.40 $3,006.03 386.4491 $2,619.59

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