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    ENGLAND DE ASIS ESCLAMADO
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    11 views3 pages

    Math 13 Amortization 1

    Uploaded by

    ENGLAND DE ASIS ESCLAMADO

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
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    Math 9 sw3 ‘Mathematics Department Xavier Ateneo ‘September 21,2021 Name: England D- fcclamad What do you want to become years fromnows: A uefe| haar being do ote Solving. Write neat and complete solution to each problem below. Please box your final answer. 1. (15 pts) A debt of P50,000 with interest at 12% compounded quarterly must be paid at the end of every 3 months for 2 years. (2) find the size ofthe periodic payment (b) prepare the first 3 rows of an amortization schedule showing the annual reductions in the fund. (Clcaleulate the outstanding principal just after making the 3" payment. 4 a “wiy?] (rx.000)( 5) b= 7) [Re P7122.22 4 Caiendeg Ton vb» | tard 1 toe | Wem ay Ft Yael tre, | teow | Hermon | Ser heal | | SI al Teooast. leama.e2 es x00) 642) ‘pamn Be sabie 4 | = PISOO | a oo ie P1202 + ~- Hs - |_—- tee prime: | 2 |pamoy ame Bi | 2 562 2 BI371-32 | pao Pi psaq.c | r faze yp Passa) pe a8 } 3 cH Pri2. (algae | Usis.cy (> PUST-EF |) PAZ | ( PALS.I5 | |e Se ASRS ee ee Cc) OP actenoinegfiMlt ar cia od yor) -(¢-9) « (pHi. 2r) [-0eee3) ] =e cana 2. (12 pts)A debt of P12 500 is to be amortized by payments at the end of each month for 8 years. If money is worth 5% ‘compounded monthly, what is 2. the monthly payment b. the remaining liability just after the 50" payment ‘chow much of the 5 payment goes to interest? d. how much of the 51" payment goes to the repayment of the principal? + (% 0) 4 = Gisers) f1-C4 ae Gre) as DEES 4 [Perse 6, LI a (os) Yio Pot 3 “Ps eae a | lalate. 3.(15 pts) In payment for a loan, a man agrees to pay P10 000 at the end of each 2 months for 10 years. If money is worth 16 % ‘compounded bimonthly, (2) find the present value of the loan (b) calculate the first 3 rows of an amortization schedule showing the annual reductions in the fund. (©Jcaleulate the outstanding principal just after making the 3" payment. R: Pliooo t 0 JF Ole m6 oF amt a 3) ie he tm > (Wdls) “Lo % A e[l-cry*) — 2 re,0°) [1-14 3Y*") G | Ae P24, Us.04 5) T i ral aT Vagmen! — Tinerve | oe i ) Toa Da th at pee abe fone nie lear cas. 04 ii | 293 665.05(%) | pycco on 1 | ate = PLA.27 | | a , pascn.7 (e562) G8) | piowo eae > Phad.24 | Pies. 31 | (P2083) -arce-23) —|faaz.sox 6) (Ge Pll, 000 00 4 73,500.00 | 48) 3) ps e226 84 =P 222. py = Pam é = : ef-ouy?] v

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