Math of Finance | Amortization schedule with BA II plus calculator

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Dr. Kate Zhang, Professor at Humber College solving:
Amortization schedule with BA II plus calculator
Question 3: John is paying $2,000 at the end of every three months to settle a loan of $8,000.00 at 4.5% compounded semi-annually.
(a) Calculate the number of payments required.
(b) Construct an amortization schedule.

Опубликовано:

10 май 2020

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Комментарии : 11

@user-kw9bm8rm9d 2 месяца назад

Simple yet thorough explanation. Thank you.

@Standbyualways 2 года назад

Thank you, Dr. Zhang, for elaborating it from a professional point of view. Sometimes, I just do not want to see simply just answer.

@jroot1279 2 года назад

Very concise and professional presentation, thank you!

@RaulPelcastreRealEstate 2 года назад

You are so diligent, thank you for your time.

@Vikermajit 3 года назад

Thank you, Dr Zhang, and thank you HumberEDU.

@chochowin1357 Год назад

The best explanation, Thank you very much.

@valeriajewelsca 4 года назад

great explanation!

@MrArianmas 3 года назад

best explanation

@shaishman5318 8 месяцев назад

Thank you. Well taught! But can you help me figure out how to compute when the problem states: a $400,000 mortgage, 25 yr-fixed at 5% and the borrower made their first payment on April 12th. What is the amount of interest they will pay next year? I seem to get stuck when setting up my AMORT.