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 = 140,000, r = 5.5, t = 28, m = 12

Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 5.9% per year compounded semiannually. (Round your answers to the nearest cent.) Payment Toward Payment Toward Outstanding Principle End of Payment Made Period Interest Principal 8000 1 2

Find the periodic payment R required to accumulate a sum of S dollars over t years with interest earned at the rate of r% /year compounded m times a year. (Round your answer to the nearest cent.) S = 35,000, r = 4, t = 6, m = 2

A loan of 2000 is taken now and is agreed to be repaid as follows: annual payments of 200 each for as long as possible and a final payment of 200+ X where X < 200; the first payment is due 10 years from now. The effective annual rate is 4%. a) How many payments of 200 are made? b) What is the amount of the final payment?

A $3,000,000 apartment complex loan is to be paid off in 10 years by making 10 equal annual payments. How much is each payment if the interest rate is 7.5% compounded annually? (a) State the type. A. present valueB.sinking fund    C.present value of an annuityD.amortizationE.ordinary annuity (b) Answer the question. (Round your answer to the nearest cent.)

A demand loan of $6000.00 is repaid by payments of $2500.00 after two years, $2500.00 after four years, and a final payment after eight years. Interest is 7% compounded monthly for the first two years, 8% compounded semi-annually for the next two years, and 8% compounded annually thereafter. What is the size of the final payment? The final payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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 = 40,000, r = 5, t = 19, m = 4

A loan of £13,000 is repaid by annual payments of £1,800 each at the end of the year. How long does it take to repay the loan on the basis of an interest rate of 10% p.a.? 数字 years Enter an answer correct to 2 decimal places Suppose the payment at t = 13 is increased to repay the loan (a balloon payment). What is the value of the payment at t = 13? £ 数字 Enter an answer correct to 2 decimal places Alternatively, the loan may be repaid via a payment at t = 14 (a drop payment). What is the value of the payment at t = 14? £ 数字 Enter an answer correct to 2 decimal places

I hope you could write the formula and process more clearly. Thank you

A loan of £13,000 is repaid by annual payments of £1,600 each at the end of the year. How long does it take to repay the loan on the basis of an interest rate of 7% p.a.? Number years Enter an answer correct to 2 decimal places Suppose the payment at t = 12 is increased to repay the loan (a balloon payment). What is the value of the payment at t = 12? £ Number Enter an answer correct to 2 decimal places Alternatively, the loan may be repaid via a payment at t = 13 (a drop payment). What is the value of the payment at t = 13? £ Number Enter an answer correct to 2 decimal places