Create the amortization schedule for a loan of $11,000, paid
monthly over three years using an...
Create the amortization schedule for a loan of $11,000, paid
monthly over three years using an APR of 9 percent. Enter the data
for the first three months. (Round your answers to 2
decimal places.)
Create the amortization schedule for a loan of $11,000, paid
monthly over three years using an APR of 9 percent. Enter the data
for the first three months. (Round your answers to 2
decimal places.)
Month
Beginning Balance
Total Payment
Interest Paid
Principal Paid
Ending Balance
1
2
3
Create the amortization schedule for a loan of $4,300, paid
monthly over two years using an 9 percent APR. (Round your
answers to 2 decimal places.)
Month
Beginning
Balance
Total
Payment
Interest
Paid
Principal
Paid
Ending
Balance
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Create the amortization schedule for a loan of $5,400, paid
monthly over two years using an APR of 10 percent. Enter the data
for the first three months.
Month
Beginning Balance
Total Payment
Interest Paid
Principal Paid
Ending Balance
1
2
3
Problem 5-50 Amortization Schedule (LG9)
Create the amortization schedule for a loan of $4,300, paid
monthly over two years using an 9 percent APR. (Round your
answers to 2 decimal places.)
Month Beginning
Balance Total
Payment Interest
Paid Principal
Paid Ending
Balance
1
2
3
4
5
6
7 ...
Problem 5-49 Amortization Schedule (LG9)
Create the amortization schedule for a loan of $14,000, paid
monthly over three years using a 9 percent APR. (Round your
answers to 2 decimal places.)
Month
Beginning
Balance
Total
Payment
Interest
Paid
Principal
Paid
Ending
Balance
1
2
3
4
5
6
7...
Create a loan amortization schedule in Excell for a $275,000
mortgage that will be repaid over 20 years with
monthlypayments. The annual interest
rate is 5.5 %.
What is your monthly payment? $
What is the total dollar amount of payments made over the life
of this loan? $__
What is the total dollar amount of interest paid over the life
of this loan? $_
How many months will it take to pay off the loan if you pay an
extra $100...
Create a loan amortization schedule in excell for a $27,000 car
loan that will be repaid over 48 months at an
annual interest rate of 6%.
What is your monthly payment? _$_
What is the total dollar amount of payments made over the life
of this loan? $____
What is the total dollar amount of interest paid over the life
of this loan? $___________
How many months will it take to pay off the loan if you pay an
extra...
Prepare an amortization schedule for a three-year loan
of $24,000. The interest rate is 16 percent per year, and the loan
calls for equal principal payments.