PV

FV
CR
n
PMT
Year

79200 1% issue exp.

100000
0.05
7.33% eff rate
15
5000
Carrying
Interest Exp Interest
Amortization Bal. of deferred charges
1
79200
5806.80
5000
806.80 19993.20
2
80006.80
5865.96
5000
865.96 19127.24
3
80872.76
5929.45
5000
929.45 18197.79
4
81802.21
5997.59
5000
997.59 17200.20
5
82799.80
6070.74
5000
1070.74 16129.46
6
83870.54
6149.24
5000
1149.24 14980.22
7
85019.78
6233.50
5000
1233.50 13746.72
8
86253.28
6323.94
5000
1323.94 12422.79
9
87577.21
6421.01
5000
1421.01 11001.78
10
88998.22
6525.19
5000
1525.19 9476.59
11
90523.41
6637.02
5000
1637.02 7839.57
12
92160.43
6757.04
5000
1757.04 6082.53
13
93917.47
6885.86
5000
1885.86 4196.67
14
95803.33
7024.13
5000
2024.13 2172.54
15
97827.46
7172.54
5000
2172.54
0.00
16 100000.00

red charges

PV
FV
CR
Years
PMT
eff Rate
Year

80000
100000
0.05
15
5000
7.23%
Carrying Interest Expense Interest
1
80000 5782.047089973
5000
2 80782.05
#VALUE!
3
4
5
6
7
8
9
10
11
12
13

RATE(B5,-B6,B2,-B3)

Amortization
782.04709