A fully amortizing mortgage loan is made for $80,000 at 6 percent interest for 25 years. Payments are to be made monthly. Calculate: a. Monthly payments. b. Interest and principal payments during month 1. c. Total principal and total interest paid over 25 years. d. The outstanding loan balance if the loan is repaid at the end of year 10. e. Total monthly interest and principal payments through year 10. f. What would the breakdown of interest and principal be during month 50
Answers: 3
Business, 22.06.2019 13:40
Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?
Answers: 1
A fully amortizing mortgage loan is made for $80,000 at 6 percent interest for 25 years. Payments ar...
Mathematics, 29.01.2020 17:53
Mathematics, 29.01.2020 17:53
History, 29.01.2020 17:53
Mathematics, 29.01.2020 17:53
History, 29.01.2020 17:53
History, 29.01.2020 17:53
Chemistry, 29.01.2020 17:53
Mathematics, 29.01.2020 17:53
English, 29.01.2020 17:53