QR Shopper

Author
Date
To perform a financial analysis for a startup tech
Purpose company in Rochester, New York
QR Shopper
Loan Analysis
Annual Interest Rate 5%

Financial Value Business Loan Future Value Years Payments per Payments Annual Rate Rate per Quarter Quarterly Payments
(PV) (FV) Year (NPER) (RATE) (PMT)

Quarterly Payment (PMT) $ 500,000 $ - 3 12 36 5.00% 0.42% $ (14,985)

Future Value (FV) $ 400,000 $ 9 4 4 18 5.00% 1.25% $ (25,000)
Payments (NPER) $ 450,000 $ - 7.8919985 4 31.57 6.00% 1.50% $ (18,000)
Business Loan (PV) $ 1,034,511 $ - 5 12 60 6.00% 0.50% $ (20,000)

565114776.xlsx Loan Analysis 12/17/2021

QR Shopper
Loan Schedule
Loan (PV) Annual Rate Payments per Rate per Period Years Payments Payment
Year (RATE) (NPER) (PMT)
$400,000 5.00% 4 1.25% 5 20 ($22,728)

Amortization Schedule
Year Period Remaining Interest Principal Total Payment
Principal Payment (IPMT) Payment (PPMT)
1 1 $ 400,000 $ (5,000) $ (17,728) $ (22,728)
1 2 $ 382,272 $ (4,778) $ (17,950) $ (22,728)
1 3 $ 364,322 $ (4,554) $ (18,174) $ (22,728)
1 4 $ 346,148 $ (4,327) $ (18,401) $ (22,728)
2 5 $ 327,747 $ (4,097) $ (18,631) $ (22,728)
2 6 $ 309,115 $ (3,864) $ (18,864) $ (22,728)
2 7 $ 290,251 $ (3,628) $ (19,100) $ (22,728)
2 8 $ 271,151 $ (3,389) $ (19,339) $ (22,728)
3 9 $ 251,812 $ (3,148) $ (19,581) $ (22,728)
3 10 $ 232,232 $ (2,903) $ (19,825) $ (22,728)
3 11 $ 212,407 $ (2,655) $ (20,073) $ (22,728)
3 12 $ 192,333 $ (2,404) $ (20,324) $ (22,728)
4 13 $ 172,010 $ (2,150) $ (20,578) $ (22,728)
4 14 $ 151,431 $ (1,893) $ (20,835) $ (22,728)
4 15 $ 130,596 $ (1,632) $ (21,096) $ (22,728)
4 16 $ 109,501 $ (1,369) $ (21,359) $ (22,728)
5 17 $ 88,141 $ (1,102) $ (21,626) $ (22,728)
5 18 $ 66,515 $ (831) $ (21,897) $ (22,728)
5 19 $ 44,618 $ (558) $ (22,170) $ (22,728)
5 20 $ 22,448 $ (281) $ (22,448) $ (22,728)
Final Balance $0.00

Cumulative Interest and Principal Payments per Year (CUMIPMT, CUMPRINC)

Year 1 Year 2 Year 3 Year 4 Year 5
1 5 9 13 17
Quarters

4 8 12 16 20
Total
Interest ($18,659) ($14,978) ($11,110) ($7,044) ($2,772) ($54,563)
Principal ($72,253) ($75,934) ($79,803) ($83,868) ($88,141) ($400,000)
Principal Remaining $327,747 $251,812 $172,010 $88,141 $0

565114776.xlsx Loan Schedule 12/17/2021