Solved: A loan of S 1 0 0 0 0 at jz . = 8 % is to be repaid over 1 5 years with semi – annual payments ( R = $ 6 2 0 ) .

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A loan of S10000 at jz. = 8% is to be repaid over 15 years with semi-annual payments (R = $620).a) How much interest is paid in the 16 payment?b) How much principal is repaid as part of the 31 payment?)c) What is the outstanding balance of the loan after 10 payments?d: Construct a complete amortization schedule for the Debt for the fust 3 lines

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Solved: A loan of S 1 0 0 0 0 ﻿at jz . = 8 % ﻿is to be repaid over 1 5 ﻿years with semi – annual payments ( R = ﻿$ 6 2 0 ) .

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