A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2years. Solve for the value inside (4)Period012345678PeriodicPayment(1)17,922.29 pesos17,448.41 pesos17,123.23 pesos17,432.65 pesosInterestPayment(2)21,688.56(4)13,160.04PrincipalRepayment377,000.17(5)390,012.19OutstandingBalance3,000,000.00(3)1,533,926.58

A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside (4) Period 0 1 23 4 5 6 7 8 Periodic Payment (1) O 17,922.29 pesos O 17,448.41 pesos O 17,123.23 pesos O 17,432.65 pesos Interest Payment (2) 21,688.56 (4) 13,160.04 Principal Repayment 377,000.17 (5) 390,012.19 Outstanding Balance 3,000,000.00 (3) 1,533,926.58

A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside (4) Period 0 1 23 4 5 6 7 8 Periodic Payment (1) O 17,922.29 pesos O 17,448.41 pesos O 17,123.23 pesos O 17,432.65 pesos Interest Payment (2) 21,688.56 (4) 13,160.04 Principal Repayment 377,000.17 (5) 390,012.19 Outstanding Balance 3,000,000.00 (3) 1,533,926.58

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter19: Lease And Intermediate-term Financing

Section: Chapter Questions

Problem 18P

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