Due to 03/20 10pm 5 sur 7 YORK UNIVERSITY MATH 1581 3.0 M WRITTEN ASSIGNMENT 1 5

Due to 03/20 10pm

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5 sur 7 YORK UNIVERSITY MATH 1581 3.0 M WRITTEN ASSIGNMENT 1 5 5. (10+10 points). (a) A debt of $2,000 will be repaid by monthly payments of $600 for as long as necessary, the first payment to be made at the end of 6 months. If interest is at j12: 9%, find the size of the debt at the end of 5 months and make out the complete amortization schedule starting at that time. = 5 sur 7 YORK UNIVERSITY MATH 1581 3.0 M WRITTEN ASSIGNMENT 1 5 5. (10+10 points). (a) A debt of $2,000 will be repaid by monthly payments of $600 for as long as necessary, the first payment to be made at the end of 6 months. If interest is at j12: 9%, find the size of the debt at the end of 5 months and make out the complete amortization schedule starting at that time. =