Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assignment - Loan Amortization
You are thinking of purchasing a house that costs $185,000. You have $7,000 in cash that you can use as a down payment, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires monthly payments and has an annual interest rate of 3.9% per year. What will your monthly payments be if you sign up for this mortgage? Draw the amortization schedule on a monthly basis using Excel. Calculate the total amount of interest paid throughout the life of the loan. Create a graph depicting the changes in the portions of interest and principal for each monthly payment throughout the life of the loan.
Suppose the interest rate increases to 5% per year and the length of repayment decreases to 15 years. What will the new monthly payment be? Draw a new amortization schedule in a separate Excel sheet. Calculate the total amount of interest paid throughout the life of the loan. Even though the interest rate is higher, can the total amount of interest paid for the life of the loan is less than the total interest paid in the first amortization schedule? If so, by how much less? Explain.
You are a shareholder in a "C" corporation. This corporation earns $5 per share before taxes. After it has paid taxes, it will distribute the remainder of its earnings to you as a dividend. The dividend is income to you, so you will then pay taxes on..
when treasury stock is purchased with cash what is the impact on the balance sheet equation?a. no change the reduction
Discuss the call put options in the context of creating an insurance policy. Go into the market and discuss specific examples of insurance policies that can be created in the context of current market conditions.
vargo inc has a beta estimated by value line of 1.3. the current risk-free rate short term is 7.5 and the market risk
a study at the university of colorado at boulder shows that running increases the percent resting metabolic rate rmr in
Lakeside Grapes is considering expanding its wine-making operations
how to calculate bond valuation when the following numbers are given. 10 coupon rate interest rate is paid
Stock ABC does not have any traded options and is trading at $25 now. You believe the stock will decrease by 20% over the next six months.
Which definition of strength are we most often concerned about when selecting a joint configuration or material? Name the two committees who manage ASTM bolting standards.
Mimi and Jason have a home valued at $96,000 and an outstandingmortgage of $60,000. If their lender is willing to provide ahome equity loan of up to 75% of market value, how much could they borrow using a home equity loan?
Your employer is considering adding a group term life insurance plan to the employee benefit package. The premium cost would be fully paid by the organization. Explain how this will impact the employees' net pay and the employer's payroll costs.
What annual contributions to retirement fund are required for Una to achieve her objective and sleep well at night?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd