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  • 4 Loan

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    Khushi Shah
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    This document contains a table showing the details of a loan over 10 periods including the beginning balance, interest paid, principal paid, total payment, and ending balance each period. It also shows the total interest paid over the 10 periods was 6,274.56. There are also examples of calculations to find the monthly payment amount using the PMT function in Excel for different scenarios.

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    4 loan.xlsx

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    This document contains a table showing the details of a loan over 10 periods including the beginning balance, interest paid, principal paid, total payment, and ending balance each period. It also shows the total interest paid over the 10 periods was 6,274.56. There are also examples of calculations to find the monthly payment amount using the PMT function in Excel for different scenarios.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    5 views4 pages

    4 Loan

    Uploaded by

    Khushi Shah
    This document contains a table showing the details of a loan over 10 periods including the beginning balance, interest paid, principal paid, total payment, and ending balance each period. It also shows the total interest paid over the 10 periods was 6,274.56. There are also examples of calculations to find the monthly payment amount using the PMT function in Excel for different scenarios.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    (unpaid principle) rate*beg.

    balance c-interect paid


    Period Beg. Balance Interest Paid Principle Paid

    1 10000.00 1000.00 627.45


    2 9372.55 937.26 690.20
    3 8682.36 868.24 759.21
    4 7923.14 792.31 835.14
    5 7088.00 708.80 918.65
    6 6169.36 616.94 1010.51
    7 5158.84 515.88 1111.57
    8 4047.27 404.73 1222.72
    9 2824.55 282.46 1344.99
    10 1479.56 147.96 1479.49

    Total Interest : 6274.56


    c = total pay. beg.-prin. paid
    Total Payment End Balance

    1627.45 9372.55
    1627.45 8682.36
    1627.45 7923.14
    1627.45 7088.00
    1627.45 6169.36
    1627.45 5158.84
    1627.45 4047.27
    1627.45 2824.55
    1627.45 1479.56
    1627.45 0.06
    Find C = PMT( ) Find C = PMT( )
    ex.4.4
    rate 0.0070833333333 rate 0.0070833333333
    nper 360 nper 360
    pv 225000 pv 225000
    fv 0 fv 50000
    pmt $ (1,730.06) pmt $ (1,699.77)

    Ending = PV (unpaid)

    rate 0.0070833333333
    nper 324
    pmt 1730.06
    fv 0
    end 36 $ (219,433.52)
    Loan 2000000
    Rate 8% 12 Number of payments/year
    Term 40
    (THB167,720.32) Annual Payment

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