Nt1310 Unit 2 Case Analysis

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10 = Number of periods 2%= Interest rate per period 1. 21899= The corresponding value 1.21899 x 150,000 = 182,848.50= multiply The loan Future Value is: 182,848.50; Rounded: 182,849 Principal: 150,000 Rate: 4% divided by 2=2% Number of periods: 2x5= 10 150,000 (1 + .002) ^ 10 = 153027.145 or 153027.15 Rounded 153,027.15 – 150,000= 3,027.15 I=PRT= $200,000 x .006 x 28 = $33,600 236,468.44 - 200,000 =36,46 200,000divided by100 = 2,000; Intersecting cell of 28 and 6% is 0.461297; Multiply number in cell by 2,000 = 922.59= There is 922.59 Interest Earned. $200,000 + $33,600 = $233,600; 200,000+922.59 = 200,922.5925x 1 = 25 6% divided by 1 = 6%; corresponding cell= 0.23300 Multiplied by 500,000 = 116,500 PV= Future Value / 1 + Annual Interest

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