Hello, I need help with this financial math problem.

Note: It details the exercise, the data and the table very well.

Apply the formulas Gradual Amortization and Constant Amortization:

Amortization problem:

A debt of $ 50,000 must be amortized with 12 monthly payments, with 48% NOMINAL

monthly. Calculate the value of each payment and make a debt amortization table.

Use both methods.

I leave you an example of exercise to guide you:

Constant amortization C C: capital A= n: period np P: conversion frequency A= 500000 (5)(1) 100000 PERIOD I INCOME INTEREST AMORTIZATION BALANCE 0 500000 140000 500000(0.08)= 40000 100000 500000 - 100000 = 400000 2 132000 400000(0.08) = 32000 100000 400000 - 100000 = 300000 124000 300000(0.08) = 24000 100000 300000 - 100000 = 200000 116000 200000(0.08) = 16000 100000 200000 - 100000 = 100000 5 108000 100000(0.08) = 8000 100000 100000 - 100000 = 0 TOTAL 620000GRADUAL AMORTIZATION A debt of $500000 must be repaid with 5 annual payments, with 8% cash. Find the value of each payment and make a debt repayment chart. C = 500000 500000 i= 8% R= C R= 1-(1+i)- 1-(1+0.08 /1)-(5X1) = 125228.22 P=1 0.08 n = 5 years period Annual payment INTEREST AMORTIZATION BALANCE 0 500000 1 125228.22 500000 0.08)= 40000 125228.22 - 40000 = 85228.22 500000-85228.22= 414771.78 2 125228.22 414771.78(0.08) = 33181.74 125228.22 - 33181.74=92046.47 414771.78- 92046.47 = 322725.30 125228.22 322725.30(0.08) = 25818.02 125228.22 - 25818.02 = 99410.19 322725.30 - 99410.19 = 223315.10 125228.22 223315.10(0.08) =17865.20 125228.22 - 17865.20=107363.01 223315.10-107363.01=115952.08 125228.22 115952.08(0.08) =9276.16 125228.22 - 9276.16=115952.05 115952.08-115952.05 = 0 TOTAL 626141.13