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  • Exercise 02

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    Асем Айткалиева
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    This document shows a schedule for loan payments over 10 periods with an annual interest rate of 6%. The borrower takes out a $500 loan and makes payments of $200 at the beginning of each period for 10 periods. The future value after all payments is $2,581.40.

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    This document shows a schedule for loan payments over 10 periods with an annual interest rate of 6%. The borrower takes out a $500 loan and makes payments of $200 at the beginning of each period for 10 periods. The future value after all payments is $2,581.40.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    7 views2 pages

    Exercise 02

    Uploaded by

    Асем Айткалиева
    This document shows a schedule for loan payments over 10 periods with an annual interest rate of 6%. The borrower takes out a $500 loan and makes payments of $200 at the beginning of each period for 10 periods. The future value after all payments is $2,581.40.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    EX.

    2
    Annual interest 0.06
    Period 1 2 3 4 5 6
    Payments -200 -200 -200 -200 -200 -200
    PV = -500
    Payments done in the Begging of period 1 (if 0 than payments done in the End of Per

    FV = 2,581.40
    7 8 9 10
    -200 -200 -200 -200

    nts done in the End of Period)

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