A company negotiates a loan of $600 over 5 years at 12.5% compounded QT. a. Calculate the

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A company negotiates a loan of $600 over 5 years at 12.5% compounded QT.

a. Calculate the regular payments necessary to amortize the debt.

b. Construct an amortization schedule.

c. If the company set a fund that pays 14% compounded yearly to amortize the debt, then construct a sinking fund schedule.

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Posted Date: May 09, 2023 02:01 AM

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A company negotiates a loan of $600 over 5 years at 12.5% compounded QT. a. Calculate the

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a To calculate the regular payments necessary to amortize the debt we can use the formula for calculating the regular payment amount on a loan Regular ... View the full answer

Practical financial management

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