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Principal amount = $800,0001.066^(512)Interest in the last y.pdf

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Principal amount = $800,000/1.066^(5*12) Interest in the last year = Sum Payable at the end of fifth year - Sum payable at the end of fourth year = $800,000 - $800,000*(1.066)^ (4*12 - 5*12) = $428,461.75 Solution Principal amount = $800,000/1.066^(5*12) Interest in the last year = Sum Payable at the end of fifth year - Sum payable at the end of fourth year = $800,000 - $800,000*(1.066)^ (4*12 - 5*12) = $428,461.75.

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Principal amount = $800,000/1.066^(5*12) Interest in the last year = Sum Payable at the end of fifth year - Sum payable at the end of fourth year = $800,000 - $800,000*(1.066)^ (4*12 - 5*12) = $428,461.75 Solution Principal amount = $800,000/1.066^(5*12) Interest in the last year = Sum Payable at the end of fifth year - Sum payable at the end of fourth year = $800,000 - $800,000*(1.066)^ (4*12 - 5*12) = $428,461.75

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Principal amount = $800,0001.066^(512)Interest in the last y.pdf

  • 1. Principal amount = $800,000/1.066^(5*12) Interest in the last year = Sum Payable at the end of fifth year - Sum payable at the end of fourth year = $800,000 - $800,000*(1.066)^ (4*12 - 5*12) = $428,461.75 Solution Principal amount = $800,000/1.066^(5*12) Interest in the last year = Sum Payable at the end of fifth year - Sum payable at the end of fourth year = $800,000 - $800,000*(1.066)^ (4*12 - 5*12) = $428,461.75