v6 *12



The 72nd is the last

 

 

 

 

 

 

 

payment in year 6.

 

 

 

 

 

12

 



Each table entry

 

 

 

 

 

 

 

represents 12 payments

 

 

 

 

 

 

 

(1 year).

 

 

 

Calculates and prints

 

 

 

 

 

 

 

 

 

amortization schedule

 

 

 

 

 

 

 

shown below.





















 

 

 



 













 



 













 

5: Time Value of Money 83

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