Question: must solve the following exercises: DOITONEXCEL Problem 1 : You go to the bank and borrow 1 0 0 , 0 0 0 . The
must solve the following exercises: DOITONEXCEL
Problem :
You go to the bank and borrow The interest rate is a and you agree with the bank that youll pay that loan back in one single payment after years.
How much money youll have to pay back to the bank after those years?
Draw and fill the repayment table
Problem :
You go to the bank and borrow The interest rate is a and you agree with the bank that youll pay the interests generated at the end of every period year and that youll pay the principal of the loan at the end of the maturity period.
How much money youll have to pay back to the bank after those years?
Draw and fill the repayment table
Problem :
You go to the bank and borrow The interest rate is a and you agree with the bank that youll pay that loan back in constant yearly payments so French method of amortization during the next years.
How much money youll have to pay back to the bank after those years?
Draw and fill the repayment table
Problem :
You go to the bank and borrow The interest rate is a and you agree with the bank that youll pay that loan back in constant monthly payments so French method of amortization during the next years.
How much money youll have to pay back to the bank?
Draw and fill the repayment table
Problem :
You go to the bank and borrow The interest rate is a and you agree with the bank that youll pay that loan back in constant monthly payments so French method of amortization during the next years. You also agree with the bank that youll not pay anything during the first months, so youll start paying it back in month In addition, after having done payments so after month you amortize in advance, and you decide to keep the maturity as originally scheduled and reduce the amount of each remaining payment.
How much money youll have to pay back to the bank every month?
Draw and fill the repayment table
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
