Scribd Logo
Upload

Welcome to Scribd!

  • FM Assignment

    Uploaded by

    Venu
    7 views2 pages

    Original Title

    FM ASSIGNMENT

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    7 views2 pages

    FM Assignment

    Uploaded by

    Venu

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    Loan Amortization Model

    Present Value (Loan) 50000


    Rate (k) 10%
    Time Period (n) 5

    Numerator ((1+K)^n)-1
    Denominator ((1+k)^n)*k
    PVIFA
    Installment (PV*PVIFA) 13189.87404

    Period Interest
    0
    1 5000
    2 4181.012596
    3 3280.126452
    4 2289.151693
    5 1199.079458
    0.610510
    0.161051
    3.790787

    Principal Installment Balance


    50000
    8189.87404 13189.87404 41810.12596
    9008.861444 13189.87404 32801.26452
    9909.747588 13189.87404 22891.51693
    10900.72235 13189.87404 11990.79458
    11990.79458 13189.87404 5.09317E-11

    You might also like