A loan of P100,000 must be repaid by a uniform amount every year for 10 years at 10% interest per year. Determine the amount of periodic payments and construct the amortization schedule.

Establish loan amortization schedules for 3-year loan of $20,000 (initial loan) with equal payments at the end of each year. The interest rate is 5 percent per year

A $20,000 loan obtained today is to be repaid in equal instalments over the next six years, starting at the end of this year. If the annual interest rate is 10%, compounded annually, how much is the payment for each year?

Make an amortization schedule (which includes payments made, interest paid, principal repaid, and outstanding principal for each period) given the provided details: Loan= P100,000 Interest= 14% compounded quarterly, and planned to make equal quarterly payments to pay-off this loan in three years

1. A P15,000 loan at 12% compounded quarterly is to be amortized every 3 months for 1 ½ years. Find the quarterly payments and construct the amortization schedule.

Suppose you are thinking of availing a loan of P100,000 at Pag-ibig Funds for house repairs after typhoon Jolina. Interest is pegged at 14% compounded quarterly, and you intend to make equal quarterly payments to pay-off this loan in three years. Set-up an amortization schedule (table) to serve as your guide in tracking the payments made, interest paid, principal repaid and outstanding principal for each period.

Construct an amortization schedule for a £2,000 loan that has a 10% annual interest rate that is repaid in three equal installments.

Create the following payments for a loan of 240,000 that must be repaid in three years at a 12% annual interest rate: Plan 1: Pay principal and interest in one payment at the end of three years Plan 2: Pay interest at end of each year and principal at the end of three years Plan 3: At the end of each year, pay 80,000 principal plus interest due Plan 4: Pay in three equal end-of-year payments Show the payment plans by supplying the values in the table below. Solution: Year Amount owed at beginning of year Interest accrued for Total money owed at end of year Amount of principal paid Total end-of- year payment year Plan 1: Pay principal and interest in one payment at the end of three years 1 2 3 Plan 2: Pay interest at end of each year and principal at the end of three years 1 2 3 Plan 3: At the end of each year, pay P 80,000 principal plus interest due 1 2 3 Plan 4: Pay in three equal end-of-year payments 1 2 3

A loan of £70,000 is repaid in 18 annual instalments of £6,400,with the first repayment due in one year.What is the interest rate?

A loan of R40 000 is granted at an interest rate of 18% pa compounded monthly. In order to amortize the loan, regular equal payments of R400 will be made every three months starting three months after the loan was granted. The balance outstanding (rounded to the nearest cent) on the loan immediately after the twenty-first payment is made is equal to: