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Financial Modeling Lecture #1 Amortization: Loan 100,000 Life 5 ROR 12% Installements 27740.97
Financial Modeling Lecture #1 Amortization: Loan 100,000 Life 5 ROR 12% Installements 27740.97
Lecture #1
Amortization
Loan
Life
ROR
100,000
5
12%
Installements
27740.97
Year
1
2
3
4
5
Opening Balance
27740.97
27740.97
27740.97
27740.97
27740.97
Principal
Interest
15740.97
17630
19745.48
22114.93
24768.73
12000
10111.0832
7995.49642
5626.03921
2972.24713
Closing Balance
100,000
84259.03
66629.14
46883.66
24768.73
0.00