An amortization, Mathematics

Assignment Help:
Ahmad borrowed $450000.00 at 3% compounded semi-annually for ten years to buy an apartment. Equal payments are made at the end of every six months.

a) Determine the size of the semi-annual payments.(6 marks)






b) Prepare an amortization schedule showing the details of the first two payments and the totals of all payments.(10 marks)

Related Discussions:- An amortization

Diffrentiation, y=f(a^x)   and f(sinx)=lnx find dy/dx Solution) dy/dx...

y=f(a^x)   and f(sinx)=lnx find dy/dx Solution) dy/dx = (a^x)(lnx)f''(a^x), .........(1) but f(sinx) = lnx implies f(x) = ln(arcsinx) hence f''(x) = (1/arcsinx) (1/ ( ( 1-x

Differntial equation, Verify Liouville''''s formula for y "-y" - y'''' + y ...

Verify Liouville''''s formula for y "-y" - y'''' + y = 0 in (0, 1) ?

Marketing, In a 2500 word report do the market analysis of China. Under thi...

In a 2500 word report do the market analysis of China. Under this you have to explain: - What are the advantages and disadvantages for foreign company to set up its business cent

Pde, i find paper that has sam my homework which i need it, in you website...

i find paper that has sam my homework which i need it, in you website , is that mean you have already the solution of that ?

Show trigonometric functions on a graph, Q. Show Trigonometric Functions on...

Q. Show Trigonometric Functions on a Graph? Ans. By discussing the trig functions with respect to an angle in a right-angle triangle, we have only considered angles betwee

Vectors, why minimum three coplanar vectors are required to give zero resul...

why minimum three coplanar vectors are required to give zero resultant and not two?

Properties of t distribution, Properties of t distribution 1. The t di...

Properties of t distribution 1. The t distribution ranges from - ∞ to ∞ first as does the general distribution 2. The t distribution as the standard general distribution is

.fractions, what is the difference between North America''s part of the tot...

what is the difference between North America''s part of the total population and Africa''s part

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd