You borrowed 200000 exactly 10 years ago the loan is, Finance Basics

+44 141 628 6080
[email protected]

You borrowed 200000 exactly 10 years ago the loan is

Question: You borrowed $200,000 exactly 10 years ago. The loan is structured as an amortized loan. The interest rate is 7% and you make quarterly (end-of-quarter payments of S4,249.76. The loan is amortized over 25 years. How much principal have you paid over the first 10 years? How much principal have you paid over the first 10 years? (Round to the nearest dollar.)

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: You borrowed 200000 exactly 10 years ago the loan is

Reference No:- TGS02743059

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Booths after-tax profit margin is forecasted to be 500 and

question the booth companys sales are forecasted to double from 115000 in 2013 to 230000 in 2014 here is the december

Q : The booslers have twenty years remaining on a 54apr

question the booslers have twenty years remaining on a 54apr thirty-year mortgage that had an initial balance of 500000

Q : Your boss has asked you to evaluate the economics of

question your boss has asked you to evaluate the economics of replacing 1000 60-watt incandescent light bulbs ilbs with

Q : You borrowed some money at 8 percent per annum you repay

question you borrowed some money at 8 percent per annum you repay the loan by making three annual payments of 108

Q : You borrowed 200000 exactly 10 years ago the loan is

question you borrowed 200000 exactly 10 years ago the loan is structured as an amortized loan the interest rate is 7

Q : A borrower has a 30 year fully amortizing frm with a 300000

question a borrower has a 30 year fully amortizing frm with a 300000 balance 45 rate there is a 3 prepayment penalty on

Q : A borrower has secured a 30 year 150000 loan at 7 with

question a borrower has secured a 30 year 150000 loan at 7 with monthly payments fifteen years later an investor wants

Q : A borrower obtain a 150000 reverse annuity mortgage with

question a borrower obtain a 150000 reverse annuity mortgage with monthly payments over 10 years if the interest rate

Q : Boris is considering an expansion project the necessary

question boris is considering an expansion project the necessary equipment can be purchased for 13515864 and shipping

1924232

Questions
Asked

3,689

Active Tutors

1431923

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

What helps to be more professional

What I can do. Find out what makes you different. What helps to be more professional . What can I do well? What things do people value in me?

Reviewing your cliftonstrengths themes

After reviewing your CliftonStrengths themes in-depth and exploring the various mission statements/purpose statements from this module,

Substance abuse program for teenagers struggling

Question: Substance abuse program for teenagers struggling with addiction. - e.g., what is the rationale or interest in this project?

Can you put this in study guide format

Can you put this in study guide format: External Validity Sample characteristics Stimulus Characteristics Multiple Treatment Interference

Introduce the instrument you are focusing on

Introduce the instrument you're focusing on. Provide some background information about it and state why it's important in psychological assessment.

Discuss use of electronic devices like social media

Research has found that the use of electronic devices like social media and cell phones is associated with mental health problems,

What when a counselor asks a client to pretend to interview

When a counselor asks a client to pretend to interview for a job, and the counselor pretends to be an employer,