4, y to Print Using the problem in example 9, construct an amortization schedule by filling up the table below, Show vour solutions for column B by using formula: I = the Prt. Period Periodic Interest...

Using the problem in example 9, construct an amortization schedule by filling up the table below. Show your solutions for column B by using the formula: I = Prt.

Extracted text: 4, y to Print Using the problem in example 9, construct an amortization schedule by filling up the table below, Show vour solutions for column B by using formula: I = the Prt. Period Periodic Interest at Outstanding Amount repaid to the Principal Payment at 10% due at Principal at the end of the end of at the end of the end of every 6 every 6 months every 6 every 6 months months A. D. 0. 1 2. 3 5. 6. Total bas ass on pous ge What's More PRESENT VALUE METHOD One useful application of the time value of money is using the Net Prese Method to determine whether a project should be accepted or rejected by any. The basic decision rule is to accept the project if the net present value in negative, The basic formula is:


Extracted text: Amortization Table for P 3-million Loan Date Dec. 31, 2015 Payments June 30, 2016 Interest Dec. 31, 2016 Principal Payment June 30, 2017 Principal Dec. 31, 2017 000 0 Balance June 30, 2018 000 0, 125 000 00 0 009 000 00 000 000 Interest = 3 000 000 x 10%x (6 /12) 000 00 000 00 000 0 000 0 0 00000 0000 0 000 0001 000 00 To compute for the equal regular payment, use the formula in that is 000 00 000 00 000 00 000 00 000 0000 00 0 00 00000 %3D Example 9: You borrowed P 50 000 from a bank to buy a mobile phone. Assumi %3= PVIFA 0 for 3 years at 10% interest compounded semi-annually. What is vour %D periodic payment? (Equation 4.10) Solution: Given: PV = P 50 000, i = 0.10/2, n = 2 x 3 = 6 %3D R = to 0i00 = P 9 850.86 5.0757* %3D %3D mo. * Refer to the table at the end of this module for PVIF of ordinary annuity. BA