Purchase Solution

Amortization schedule

Not what you're looking for?

Ask Custom Question

A. I need to set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of the next 5 years. The interest rate is 10% compounded annually. b. How large must each annual payment be if the loan is for $50,000? Assume that the interst rate remains at 10%, compounded annually, and that the loan is paid off over 5 years. c. How large must each payment be if the loan is for $50,000, the interest rate is 10%, compounded annually, and the loan is paid off in equal installments at the end of each of the next 10 years? This loan is for the same amount as the loan in part b, but the payments are spread out over twice as many periods. Why are these payments not half as large as the payments on the loan in part b?

Purchase this Solution

Solution Summary

Excel file contains loan amortization schedule for different amounts and different time period.

Purchase this Solution

Free BrainMass Quizzes
Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Basics of corporate finance

These questions will test you on your knowledge of finance.


This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.