Question: Chapter 18 - Packet 16. Loan Repayment schedule -- $250,000 @ 7.0% with a 15 year amortization PMT Monthly Payment Interest Portion Principal Reduction Loan

Chapter 18 - Packet 16. Loan Repayment schedule -- $250,000 @ 7.0% with a 15 year amortization PMT Monthly Payment Interest Portion Principal Reduction Loan Balance $250,000.00 1 2 IN Show how you calculated interest. Principal and Loan Balance i/y PV PMT FV 1c. Loan Repayment Schedule - $250,000 @ 7.0% with interest only payments PMT # Monthly Payment Interest Portion Principal Reduction Loan Balance $250,000.00 1 2 NE na Show how you calculated Interest, Principal and Loan Balance NY na PV na PMT na FV. na Page 2 of 13

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