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  • At End of Each Year Pay 1000 Principal Plus Interst Due

    Uploaded by

    YoggieSeptiiana
    15 views4 pages
    This document shows the repayment of a $5,000 loan over 5 years under different repayment plans: 1. Paying $1,000 in principal plus interest owed each year, with interest at 8% annually. 2. Paying all interest owed each year plus the remaining principal at the end of the 5 years. 3. Paying in 5 equal installments at the end of each year. 4. Paying the principal plus all accumulated interest in one payment at the end of 5 years. The total amount owed and payments made are tracked each year for each repayment plan.

    Original Description:

    Original Title

    Ekonomi Teknik

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    This document shows the repayment of a $5,000 loan over 5 years under different repayment plans: 1. Paying $1,000 in principal plus interest owed each year, with interest at 8% annually. 2. Paying all interest owed each year plus the remaining principal at the end of the 5 years. 3. Paying in 5 equal installments at the end of each year. 4. Paying the principal plus all accumulated interest in one payment at the end of 5 years. The total amount owed and payments made are tracked each year for each repayment plan.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    15 views4 pages

    At End of Each Year Pay 1000 Principal Plus Interst Due

    Uploaded by

    YoggieSeptiiana
    This document shows the repayment of a $5,000 loan over 5 years under different repayment plans: 1. Paying $1,000 in principal plus interest owed each year, with interest at 8% annually. 2. Paying all interest owed each year plus the remaining principal at the end of the 5 years. 3. Paying in 5 equal installments at the end of each year. 4. Paying the principal plus all accumulated interest in one payment at the end of 5 years. The total amount owed and payments made are tracked each year for each repayment plan.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 4

    (a)

    (b)

    year

    amount owed at
    beginning of year

    (c)

    (d)
    total owend of
    interest owed for
    end at year (b +
    that year (8% x b)
    c)

    (e)

    (f)

    principal
    payment

    total end of
    year payment

    1000
    1000
    1000
    1000
    1000

    1400
    1320
    1240
    1160
    1080

    5000

    6200

    0
    0
    0
    0
    5000

    400
    400
    400
    400
    5400

    5000

    7000

    852
    920
    994
    1074
    1160

    1252
    1252
    1252
    1252
    1252

    5000

    6261

    0
    0
    0
    0
    5000

    0
    0
    0
    0
    7347

    5000

    7347

    at end of each year pay 1000 principal plus interst due


    1
    2
    3
    4
    5

    5000
    4000
    3000
    2000
    1000

    400
    320
    240
    160
    80

    5400
    4320
    3240
    2160
    1080

    1200
    pay interset due at end of each year and principal at end of five years
    1
    5000
    400
    5400
    2
    5000
    400
    5400
    3
    5000
    400
    5400
    4
    5000
    400
    5400
    5
    5000
    400
    5400

    2000
    pay in five equal end of year payments
    1
    5000
    2
    4148
    3
    3227
    4
    2233
    5
    1159

    400
    332
    258
    179
    93

    5400
    4480
    3485
    2412
    1252

    1261
    pay principal and interest in one payment at end of five years
    1
    5000
    400
    5400
    2
    5400
    432
    5832
    3
    5832
    467
    6299
    4
    6299
    504
    6803
    5
    6803
    544
    7347

    2347

    p1
    p2
    p3
    p4
    p5

    1296
    1132
    984
    853
    735

    1.08
    1.17
    1.26
    1.36
    1.47

    5000

    p1
    p2
    p3
    p4
    p5

    370
    343
    318
    294
    3675

    5000

    p1
    p2
    p3
    p4
    p5

    1160
    1074
    994
    920
    852

    5000

    p1
    p2
    p3
    p4
    p5

    0
    0
    0
    0
    5000

    5000

    1252.27

    (a)

    (b)

    year

    amount owed at
    beginning of year

    (c)

    (d)
    total owend of
    interest owed for
    end at year (b +
    that year (8% x b)
    c)

    (e)

    (f)

    principal
    payment

    total end of
    year payment

    1000
    1000
    1000
    1000
    1000

    1450
    1360
    1270
    1180
    1090

    5000

    6350

    0
    0
    0
    0
    5000

    450
    450
    450
    450
    5450

    5000

    7250

    834
    910
    993
    1083
    1179

    1284
    1284
    1284
    1284
    1284

    5000

    6419

    0
    0
    0
    0
    5000

    0
    0
    0
    0
    7640

    5000

    7640

    at end of each year pay 1000 principal plus interst due


    1
    2
    3
    4
    5

    5000
    4000
    3000
    2000
    1000

    450
    360
    270
    180
    90

    5450
    4360
    3270
    2180
    1090

    1350
    pay interset due at end of each year and principal at end of five years
    1
    5000
    450
    5450
    2
    5000
    450
    5450
    3
    5000
    450
    5450
    4
    5000
    450
    5450
    5
    5000
    450
    5450

    2250
    pay in five equal end of year payments
    1
    5000
    2
    4148
    3
    3227
    4
    2233
    5
    1159

    450
    373
    290
    201
    104

    5450
    4521
    3517
    2434
    1263

    1419
    pay principal and interest in one payment at end of five years
    1
    5000
    450
    5450
    2
    5400
    486
    5886
    3
    5832
    525
    6357
    4
    6299
    567
    6866
    5
    6803
    612
    7415

    2640

    p1
    p2
    p3
    p4
    p5

    1330
    1145
    981
    836
    708

    1.09
    1.19
    1.30
    1.41
    1.54

    5000

    p1
    p2
    p3
    p4
    p5

    413
    379
    347
    319
    3542

    5000

    p1
    p2
    p3
    p4
    p5

    1178
    1081
    991
    909
    834

    4994

    p1
    p2
    p3
    p4
    p5

    0
    0
    0
    0
    4966

    4966

    1283.81

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