Question: please follow the chart exactly how it is, thanks! Consider a 4-year amortizing loan. You borrow $177,000 initlally, and repay it in four equal annual
Consider a 4-year amortizing loan. You borrow $177,000 initlally, and repay it in four equal annual year-end payments. a. If the interest rate is 3,35%, calculate the annual payment. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) b. Prepare an amortization schedule. (Leave no cells blank - be certain to enter "O" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.) c-1. What is the loan balance at the end of year 17 (Do not round intermediate calculations, Round your answer to 2 decimal ploces.) c-2. Is it the present value of the remaining loan payments
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