1. The President of “ZEUS” Bank is offering you the financial analyst position because she admires your knowledge and your character. Prove to her that you know how to fix an amortization schedule given that the loan amount is L= $90,000 dollars, the interest rate is 6% and the time period is five years, respectively. 
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3. a.Show all your calculations analytically. What do you observe from your amortization schedule?
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5. b. Is this loan an Annuity? What kind of an Annuity?

Answer rating: 100% (QA)

ANNUAL PAYMENT Rate Nper Pv PMT Step 23 Year Step 33 Year 1 2 3 4 5 Rate Nper Pv PMT Year 1 2 A 1 2 ... View the full answer