Lesson 35 Supplementary Exercises27. Study the amortization schedule and fill in the blanks.28. A loan amounting to P100,000 is to be paid annually for 4 years with an interestrate of 10% per annum. The annual amortization is P31,547.08.RegularРayment RInterestComponentof PaymentPrincipalComponentof PaymentOutstandinPeriodg BalanceA1B10,00021,547.0878,452.9231,547.08D54,751.13331,547.085,475.1126,071.9728,679.16431,547.082,867.9228,679.16ETOTALSA. How much is the amount of the loan?B. How much is the payment on the first period?C For the second payment, how miuch gnes to pay the inferest?D. For the second payment, how much goes to pay the principal?E. How much is the outstanding balance after the 4" payment?2.

The amortization schedule: A large loan that is taken is usually repaid in smaller equal periodic…

28. A loan amounting to P100,000 is to be paid annually for 4 years with an interest rate of 10% per annum. The annual amortization is P31,547.08. Principal Component Component of Payment Interest Regular Payment R Outstandin g Balance Period of Payment A 1 B 10,000 21,547.08 78,452.92 2 31,547.08 D 54,751.13 3 31,547.08 5,475.11 26,071.97 28,679.16 4 31,547.08 2,867.92 28,679.16 TOTALS A. How much is the amount of the loan? B. How much is the payment on the first period? C For the second payment how much gres tn pay thR interest? D. For the second payment, how much goes to pay the prinopal? E. How much is the outstanding balance after the 4" payment?

28. A loan amounting to P100,000 is to be paid annually for 4 years with an interest rate of 10% per annum. The annual amortization is P31,547.08. Principal Component Component of Payment Interest Regular Payment R Outstandin g Balance Period of Payment A 1 B 10,000 21,547.08 78,452.92 2 31,547.08 D 54,751.13 3 31,547.08 5,475.11 26,071.97 28,679.16 4 31,547.08 2,867.92 28,679.16 TOTALS A. How much is the amount of the loan? B. How much is the payment on the first period? C For the second payment how much gres tn pay thR interest? D. For the second payment, how much goes to pay the prinopal? E. How much is the outstanding balance after the 4" payment?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter19: Lease And Intermediate-term Financing

Section: Chapter Questions

Problem 12P

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