Use the amortization table to determine how much of the Bth payment is interest m Click the icon to view the amortization table. Amortization Table - X The interest amount of the Bth payment is S (Type an integer or a decimal.) Amortization Table Payment Number Amount of Payment Interest Portion to Principal Principal at End of Perlod for Period $1000.00 S06.07 $6.00 $81.07 $918.93 $86.07 $4.59 S01.48 $81.88 $837.46 S86.07 S4.19 $765.57 5673.28 $86.07 $3.78 $42.29 $00.07 $3.37 $82.70 S83.12 $590 58 $507.46 $423.93 $86.07 $2. 96 $86.07 S06.07 $86.07 $2.54 $83.63 $2.12 $83.05 $339.08 $256.61 $1.70 $84.37 10 S86.07 $80.07 $1.28 S0.85 $04.79 $170 82 s85.00 11 sa5 22 12 $86.03 s05.60 S0.00 Print Done
Use the amortization table to determine how much of the Bth payment is interest m Click the icon to view the amortization table. Amortization Table - X The interest amount of the Bth payment is S (Type an integer or a decimal.) Amortization Table Payment Number Amount of Payment Interest Portion to Principal Principal at End of Perlod for Period $1000.00 S06.07 $6.00 $81.07 $918.93 $86.07 $4.59 S01.48 $81.88 $837.46 S86.07 S4.19 $765.57 5673.28 $86.07 $3.78 $42.29 $00.07 $3.37 $82.70 S83.12 $590 58 $507.46 $423.93 $86.07 $2. 96 $86.07 S06.07 $86.07 $2.54 $83.63 $2.12 $83.05 $339.08 $256.61 $1.70 $84.37 10 S86.07 $80.07 $1.28 S0.85 $04.79 $170 82 s85.00 11 sa5 22 12 $86.03 s05.60 S0.00 Print Done
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Use the amortization table to determine how much of the 8th payment is interest
E Click the icon to view the amortization table.
Amortization Table
- X
The interest amount af the Bth pnyment is S
(Type an integer or a decimal.)
Amortization Table
Рауment
Number
Amount of
Payment
Interest
Portion to
Principal
Principal at
End of Period
for Perlod
$1000.00
$918.93
$86.07
$5.00
$81.07
$86.07
$4.59
$81.48
$837.46
$755.57
$86.07
S4.19
$81.88
$86.07
$3.78
$82.29
5673.28
$86.07
$3.37
$82.70
$590 58
S86.07
$86.07
$2.96
$83.12
$507 46
$423.93
$2.54
$83.53
$83.95
$86.07
$2.12
$339.08
$86.07
$1.70
$1.28
S84.37
$84.79
$255.61
10
$86.07
$170 82
$85.60
11
$86.07
S0.85
$85.22
12
S86.03
$0.43
S05.00
$0.00
Print
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