Suppose that you have borrowed 5,000,000 from a bank with 5% interest rate for 4 years. Show the table of principal payments and interests you must pay each year if you decide to borrow with the following plans. Plan Repay principal Repay Interest A Equal annual installments Interest on unpaid balance B End of loan Compound and pay at end of loan C Equal annual installments

Suppose that you have borrowed 5,000,000 from a bank with 5% interest rate for 4 years. Show the table of principal payments and interests you must pay each year if you decide to borrow with the following plans. Plan Repay principal Repay Interest A Equal annual installments Interest on unpaid balance B End of loan Compound and pay at end of loan C Equal annual installments

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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