A loan amortized over 3n yrs with annual payments90, Financial Management

+44 141 628 6080
[email protected]

A loan amortized over 3n yrs with annual payments90

a) A loan amortized over 3n yrs with annual payments=90 end-of-per year. After nth payment, OB-outstanding balance is 80% of the amount of the loan. Calculate its amount of principal repaid in the first payment??

b) What if its over 2n yrs and annual payment=90 end-of-per yr and OB=75% of amount of the loan. then which one of the following is its amount of principal repaid in the first payment?

Request for Solution File

Ask an Expert for Answer!!

Financial Management: A loan amortized over 3n yrs with annual payments90

Reference No:- TGS02765289

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Investigate the cause of the recent werewolf attacks

create a temporary committee to investigate the cause of the recent werewolf attacks in major cities throughout the United States.

Describe marxist theory and psychology of addiction

Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of Addition.

Explain framers decisions in creating the constitution

Explain how the Articles of Confederation made the above scenario possible. Describe how this scenario influenced the framers' decisions in creating the Constit

Federal bureaucracy has to put up with a lot of red tape

Question: The Federal Bureaucracy has to put up with a lot of "red tape". What is "red tape" in regards to government?

What power of recognition when it comes to office president

Question: What is "power of recognition" when it comes to the office of the president? Question Select one

What right ordinance power give to the president

Question: What right does the Ordinance Power give to the president? Question Select one:

Analyze leadership of organization during particular event

Analyze leadership of an organization during a particular event or across a defined set of events. The assignment will assess your ability to identify

Request for Solution File

Ask an Expert for Answer!!

Financial Management: A loan amortized over 3n yrs with annual payments90

Reference No:- TGS02765289

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : Prepare a loan amortization schedule showing the interest

Q : Prepare an incremental analysis for the life of the

Q : If revere company expects to sell 1250 units of its product

Q : The firm has not repurchased any shares of its common stock

Q : A loan amortized over 3n yrs with annual payments90

Q : Tax rate corporate finance institute 2016 cost of equity is

Q : You want to buy a car and a local bank will lend you 10000

Q : Who are the major parties in this case what is the possible

Q : If you invest 250 at the end of each month for the next 7