Loan Repayment Schedule for Annuities Homework Help

Loan Repayment Schedule for Annuities

Each installment of an annuity payable PTHLY has two components: (i) the capital (repayment of principal) and (ii) the interest component. To identify these two components. a loan repayment schedule is to be developed. We illustrate below loan repayment schedule with.reference to annuities payable (a) once a year and (b) PTHLY;

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