A debt of $13,700 with interest at 5% compounded semi-annually is repaid by payments of $1,950 made at the end of every 3 months. Construct an amortization schedule showing the total paid and the total cost of the debt.
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Q)A debt of $13,700 with interest at 5% compounded semi-annually is repaid by payments of $1,950 made at the end of every 3 months. Construct an amortization schedule showing the total paid and the total cost of the debt.
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- Show your complete solution in a word file. A debt of P350,000 is to be amortized by 6 equal semi-annual payments with interest at 6% compounded semi-annually. Find the periodic payment and construct an amortization schedule.Construct the amortization schedule for a $7000 debt that is to be amortized in 5 equal quarterly payments at 2.5% interest per quarter on the unpaid balance. How much interest must be paid?Construct the amortization schedule for a $16,000.00 debt that is to be amortized in 12 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Unpaid Balance Reduction Payment Number 0 Payment Interest Unpaid Balance $ C... ci, 1.
- Construct the amortization schedule for a $15,000.00 debt that is to be amortized in 10 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Unpaid Payment Number Payment Interest Balance Unpaid Balance Reduction $Construct the amortization schedule for a $14,000.00 debt that is to be amortized in 10 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Unpaid Payment Payment Interest Balance |Unpaid Balance Number Reduction 1 $ $ 2 $ $ EAPLEASE TYPE IT AND NOT HANDWRITTEN A debt of P350,000 is to be amortized by 6 equal semi-annual payments with interest at 6% compounded semi-annually. Find the periodic payment and construct an amortization schedule.
- Construct the amortization schedule for a $17,000.00 debt that is to be amortized in 10 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Unpaid Balance Reduction Payment Number 0 1 2 Payment Interest $ $ $ $ $ $ Unpaid Balance $ $ WEEKER6. A loan of $2000 is to be repaid with annual payments of $200, $150, and P, respectively at the end of the 1st, 2nd, and 3rd year. The interest rate is 8% per annum. Construct an amortization schedule and determine P.Construct the amortization schedule for a $18,000.00 debt that is to be amortized in 12 equal semiannual payments at 5.5% interest per half-year on the unpaid balance Fil out the amortization schedule below. Round all values to the nearest cent Payment Number Unpaid Balance Reduction Payment Interest Unpaid Balance
- 1. Find the semi-annual payment of a P15,000 debt to be amortized by 5 equal payments at the end of each 6 months at a rate of 15% compounded semi-annually. The first payment is to commence 3 years after. a. P 5,300.75 b. P4,333.65 C. P 5.322.55 d. P4,200.11 2. Using the data in Problem no. 1, construct an amortization schedule showing the principal at the beginning of the year, the annual interest, annual payment and the principal repaid.Find the payment necessary to amortize a 6% loan of $100,000 compounded annually, with 11 annual payments. The payment size is SDetermine the equal end of year payment necessary to amortize fully a sh600,000. 10% loan over 4 years. Assume payment is to be rendered a) annually b) semi-annually c) Quarterly d)Monthly