- The document shows a loan amortization schedule over 72 payments.
- It lists the opening balance, payment amount, principal payment, and interest payment for each period.
- The principal balance declines each period as payments are made, while the interest payment amount decreases over time as less principal is outstanding.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
50 views12 pages
Amortization
- The document shows a loan amortization schedule over 72 payments.
- It lists the opening balance, payment amount, principal payment, and interest payment for each period.
- The principal balance declines each period as payments are made, while the interest payment amount decreases over time as less principal is outstanding.