Académique Documents
Professionnel Documents
Culture Documents
Problem 1 Problem 2
Problem 7 Problem 10
Problem 1 Problem 4
Period Beginning Interest Payment Ending
Period Beginning Interest Payment Ending
1 57,649.76 57,649.76
1 7,500.00 7,500.00
2 57,649.76 5,188.48 57,649.76 120,488.00
2 7,500.00 225.00 7,500.00 15,225.00
3 120,488.00 10,843.92 57,649.76 188,981.68
3 15,225.00 456.75 7,500.00 23,181.75
4 188,981.68 17,008.35 57,649.76 263,639.79
4 23,181.75 695.45 7,500.00 31,377.20
5 263,639.79 23,727.58 57,649.76 345,017.13
5 31,377.20 941.32 7,500.00 39,818.52
6 345,017.13 31,051.54 57,649.76 433,718.43
6 39,818.52 1,194.56 7,500.00 48,513.07
7 433,718.43 39,034.66 57,649.76 530,402.85
7 48,513.07 1,455.39 7,500.00 57,468.47
8 530,402.85 47,736.26 57,649.76 635,788.87
8 57,468.47 1,724.05 7,500.00 66,692.52
9 635,788.87 57,221.00 57,649.76 750,659.63
9 66,692.52 2,000.78 7,500.00 76,193.30
10 750,659.63 67,559.37 57,649.76 875,868.75
10 76,193.30 2,285.80 7,500.00 85,979.09
11 875,868.75 78,828.19 57,649.76 1,012,346.70
12 1,012,346.70 91,111.20 57,649.76 1,161,107.66
Problem 2 13 1,161,107.66 104,499.69 57,649.76 1,323,257.11
14 1,323,257.11 119,093.14 57,649.76 1,500,000.01
Period Beginning Interest Payment Ending
1 18,966.99 18,966.99
2 18,966.99 1,138.02 18,966.99 39,072.00
Problem 5
3 39,072.00 2,344.32 18,966.99 60,383.31
Period Beginning Interest Payment Ending
4 60,383.31 3,623.00 18,966.99 82,973.30
1 57,649.76 57,649.76
5 82,973.30 4,978.40 18,966.99 106,918.69
2 57,649.76 5,188.48 57,649.76 120,488.00
6 106,918.69 6,415.12 18,966.99 132,300.80
3 120,488.00 10,843.92 57,649.76 188,981.68
7 132,300.80 7,938.05 18,966.99 159,205.83
4 188,981.68 17,008.35 57,649.76 263,639.79
8 159,205.83 9,552.35 18,966.99 187,725.17
5 263,639.79 23,727.58 57,649.76 345,017.13
9 187,725.17 11,263.51 18,966.99 217,955.68
6 345,017.13 31,051.54 57,649.76 433,718.43
10 217,955.68 13,077.34 18,966.99 250,000.01
7 433,718.43 39,034.66 57,649.76 530,402.85
8 530,402.85 47,736.26 57,649.76 635,788.87
Problem 3 9 635,788.87 57,221.00 57,649.76 750,659.63
10 750,659.63 67,559.37 57,649.76 875,868.75
Period Beginning Interest Payment Ending
11 875,868.75 78,828.19 57,649.76 1,012,346.70
1 5,436.91 5,436.91
12 1,012,346.70 91,111.20 57,649.76 1,161,107.66
2 5,436.91 326.21 5,436.91 11,200.03
13 1,161,107.66 104,499.69 57,649.76 1,323,257.11
3 11,200.03 672.00 5,436.91 17,308.95
14 1,323,257.11 119,093.14 57,649.76 1,500,000.01
4 17,308.95 1,038.54 5,436.91 23,784.39
5 23,784.39 1,427.06 5,436.91 30,648.37
6 30,648.37 1,838.90 5,436.91 37,924.18
Problem 6
7 37,924.18 2,275.45 5,436.91 45,636.54
Period Beginning Interest Payment Ending
8 45,636.54 2,738.19 5,436.91 53,811.64
1 9,380.22 9,380.22
9 53,811.64 3,228.70 5,436.91 62,477.25
2 9,380.22 1,500.84 9,380.22 20,261.28
10 62,477.25 3,748.64 5,436.91 71,662.80
3 20,261.28 3,241.80 9,380.22 32,883.30
11 71,662.80 4,299.77 5,436.91 81,399.47
4 32,883.30 5,261.33 9,380.22 47,524.85
12 81,399.47 4,883.97 5,436.91 91,720.35
5 47,524.85 7,603.98 9,380.22 64,509.04
13 91,720.35 5,503.22 5,436.91 102,660.48
6 64,509.04 10,321.45 9,380.22 84,210.71
14 102,660.48 6,159.63 5,436.91 114,257.02
7 84,210.71 13,473.71 9,380.22 107,064.64
15 114,257.02 6,855.42 5,436.91 126,549.35
8 107,064.64 17,130.34 9,380.22 133,575.21
16 126,549.35 7,592.96 5,436.91 139,579.22
9 133,575.21 21,372.03 9,380.22 164,327.46
17 139,579.22 8,374.75 5,436.91 153,390.89
10 164,327.46 26,292.39 9,380.22 200,000.07
18 153,390.89 9,203.45 5,436.91 168,031.25
19 168,031.25 10,081.88 5,436.91 183,550.04
20 183,550.04 11,013.00 5,436.91 199,999.95
Problem 7 Problem 10
Period Beginning Interest Payment Ending Period Beginning Interest Payment Ending
1 10,500.00 10,500.00 1 59,628.43 59,628.43
2 10,500.00 393.75 10,500.00 21,393.75 2 59,628.43 2,981.42 59,628.43 122,238.28
3 21,393.75 802.27 10,500.00 32,696.02 3 122,238.28 6,111.91 59,628.43 187,978.63
4 32,696.02 1,226.10 10,500.00 44,422.12 4 187,978.63 9,398.93 59,628.43 257,005.99
5 44,422.12 1,665.83 10,500.00 56,587.95 5 257,005.99 12,850.30 59,628.43 329,484.72
6 56,587.95 2,122.05 10,500.00 69,209.99 6 329,484.72 16,474.24 59,628.43 405,587.38
7 69,209.99 2,595.37 10,500.00 82,305.37 7 405,587.38 20,279.37 59,628.43 485,495.18
8 82,305.37 3,086.45 10,500.00 95,891.82 8 485,495.18 24,274.76 59,628.43 569,398.37
9 95,891.82 3,595.94 10,500.00 109,987.76 9 569,398.37 28,469.92 59,628.43 657,496.72
10 109,987.76 4,124.54 10,500.00 124,612.30 10 657,496.72 32,874.84 59,628.43 749,999.98
11 124,612.30 4,672.96 10,500.00 139,785.27
12 139,785.27 5,241.95 10,500.00 155,527.21
13 155,527.21 5,832.27 10,500.00 171,859.48
14 171,859.48 6,444.73 10,500.00 188,804.21
15 188,804.21 7,080.16 10,500.00 206,384.37
16 206,384.37 7,739.41 10,500.00 224,623.79
17 224,623.79 8,423.39 10,500.00 243,547.18
18 243,547.18 9,133.02 10,500.00 263,180.20
19 263,180.20 9,869.26 10,500.00 283,549.45
20 283,549.45 10,633.10 10,500.00 304,682.56
Problem 8
Period Beginning Interest Payment Ending
1 30,500.00 30,500.00
2 30,500.00 610.00 30,500.00 61,610.00
3 61,610.00 1,232.20 30,500.00 93,342.20
4 93,342.20 1,866.84 30,500.00 125,709.04
5 125,709.04 2,514.18 30,500.00 158,723.22
6 158,723.22 3,174.46 30,500.00 192,397.69
7 192,397.69 3,847.95 30,500.00 226,745.64
8 226,745.64 4,534.91 30,500.00 261,780.56
9 261,780.56 5,235.61 30,500.00 297,516.17
10 297,516.17 5,950.32 30,500.00 333,966.49
11 333,966.49 6,679.33 30,500.00 371,145.82
12 371,145.82 7,422.92 30,500.00 409,068.74
13 409,068.74 8,181.37 30,500.00 447,750.11
14 447,750.11 8,955.00 30,500.00 487,205.11
15 487,205.11 9,744.10 30,500.00 527,449.22
16 527,449.22 10,548.98 30,500.00 568,498.20
17 568,498.20 11,369.96 30,500.00 610,368.16
18 610,368.16 12,207.36 30,500.00 653,075.53
19 653,075.53 13,061.51 30,500.00 696,637.04
20 696,637.04 13,932.74 30,500.00 741,069.78
Problem 9
Period Beginning Interest Payment Ending
1 4,594.59 4,594.59
2 4,594.59 344.59 4,594.59 9,533.77
3 9,533.77 715.03 4,594.59 14,843.40
4 14,843.40 1,113.25 4,594.59 20,551.24
5 20,551.24 1,541.34 4,594.59 26,687.18
6 26,687.18 2,001.54 4,594.59 33,283.30
7 33,283.30 2,496.25 4,594.59 40,374.14
8 40,374.14 3,028.06 4,594.59 47,996.79
9 47,996.79 3,599.76 4,594.59 56,191.14
10 56,191.14 4,214.34 4,594.59 65,000.07