A loan of P500, 000 is to be amortized with quarterly payments for five years at the rate of compounded quarterly. (a) Find the original quarterly payment.

$360,000 is invested in a perpetuity at an interest rate of 5.2% per annum. a. Find the monthly payment that the perpetuity provides. b. After six years of monthly payments, how much money remains invested in the perpetuity?

Calculate the interest payments each year for a three-year loan of $30000 with 6% annual interest rate under the following conditions: the loan requires equal annual payments; the loan requires equal annual principal reduction..

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 $92,800.00 is repaid by equal payments made at the end of every three months for 3 years. If interest is 8% compounded quarterly, find the size of the quarterly payments and construct an amortization schedule showing the payment number, amount paid, interest paid, principal repaid and outstanding principal balance of each payment. Additionally, include the totals for amount paid, interest paid and principal repaid of the loan.

2. * A loan of £30,000 is to be repaid by 10 equal installments, paid at the end of each year for ten years. Calculate the annual repayment on the basis of an interest rate of 8% p.a.

An amount of $34,000 is borrowed for 7 years at 3.75% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

Find the payment necessary to amortize a 6% loan of $100,000 compounded annually, with 11 annual payments. The payment size is S

A $17,000 loan is to be amortized for 10 years with quarterly payments of $568.26. If the interest rate is 6%, compounded quarterly, what is the unpaid balance immediately after the sixth payment? (Round your answer to the nearest cent.)

Find the periodic payment R required to amortize a loan of P dollars over t years with interest charged at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.) P = 60,000, r = 3, t = 14, m = 12