Question: Chapter 13 - Packet Chapter 18 Take Home Packet Solve ALL problems with a financial calculator (NO annuity formulas) - SHOW ALL WORKI Read the
Chapter 13 - Packet Chapter 18 Take Home Packet Solve ALL problems with a financial calculator (NO annuity formulas) - SHOW ALL WORKI Read the WORD document first. There are examples in your textbook and the WORD document to help you with this Packet Show your work as in CH 20 Packet including how you calculate the financial keys. No credit can be given if work is not shown. For Question labc use your financial calculator to find the monthly payment and manually build a partial repayment schedule for each loan situation shown below. 1. Compare three amortization terms for a given loan. There is an example in you 1a, Loan repayment schedule - $250,000 @ 7.0% with a 30 year amortization PMT Monthly Payment Interest Portion Principal Reduction Loan Balance $250,000.00 how calculated interest. Principal and Loan Balance PVE PMT: EVE Page 1 of 13
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