49

-
-

50 52 24
.

8
· nancial situations 5
using amortisation tables 0

= >
- - final payment :

EB) + I

-
- - - -
-

2526 98
.
S1 St
. 2575 47
.

=>
further examples :
5
1

-
 - - -

>
-
- - => -

5
2

418 21 31 532 85
11262 6
. .

83
.

. 5 . 1237 57
.

~
- -
1 $554
-

10
a ~
.
.

262 .
68
--
= - -

- --
-

= O P .
I P R .
B
-
O O O 4306

loss/o
solaz as
·
a 758 20 25 . 739 75 .
3750 .
2

758 16 92743 08 3817 17

$092 58
. .

=
.

760 13 37.
145 42 2298 . S
.

752 10 22
. 749 78 .
1520 97 .

758 6 84
. 7 S3 16 .
757 81
.

771 27 .
3 . 45S 757 81 .
O
&

= $771 .
27
 -
-
5
=
= = -

- >
-
-
- -

345 891 72343 97

. . .

180 53
. 1380 93
.

a .
A 345 59
:
.
B : 1 72. , 2 : 343 47
,
1180 53
.

a .

.#131 23
.

6 $1380 53 - 6 .

-
.
.

$20 + 18 38 + 16 75
1024
c
57 + 15 11
.

.
.
.

+ 13 47 + 11
82 +10 15 +
.

8 48
.

.
.

+ 0 81 + S.

12 . + 3 42 +
. 1 Th

$31 23
.

=
.
 5
-
=>
-

---- - -

=>
- -
-

82
be
+
49 . 84 3028 .

33 20
a A :
3903 19 , B :
34 82 C : 3858 37 .

16 653828 8
.

16 56
.
.

O
,

.
.

6 $31227 69
.

=
$105 50 $12105
.

So
.

Interest Total
.
c
.

Total
.

Payments Principat
=
-

=>
31227 .
69 -

30000 = 1227 .
090

- &
-

-
-

=-
......
= >

·
--- ~
! iii)
m financial
yment
final solver to find the balance and

&
-

N Number of
:
payments
I(.) : annual interest rate
PV :
present value of loan/invest .

Put : amount
paid each payment .

↑ valu
V: future
F p : number of payments per year .

C pe number
of times in test is compondt
in a
year
Pm + A +: Set at FNO .

5
5
 > >
-

>

>
- - - - - = - -

-
- -

=
=>

REDUC BAL : + Pu 56
Regular add. BOTH .

:
-
Put
 5
7
- -
-

- >
-
- -

- -

--

- Annuity Tut
:
↑

----
-

v
a .

PVisnegative
6. P MT is
negative
$123003 35 /
↓
.

d $733038
83
.

= --

a $22327 28/ .

6 $37884
.
.
50

5
8
 -- ---
>
-
- -

-
- =>>

positive V
a PV is
a
$21887 v
.

22
.

6 Put is
.

negative -
4
He owes 6001 91 .
6 $12095.
.
13
-

-----
- * =

- - -

- -

a .

$225788 .
13
a .

$34093 95/ .

6 .
$5452 . 89
6 .
344 .
84
I add to put if negative
5
9
 - - -
-
- -

- -
- - - -

- -

a .
PV is
negative
a .

$15/33 81
~
.

6 .
$28614 80 .
6 .

$1732 .
49-
c .
$6825 14.

could if positive

~
- -
-
- -
- -
- -
-
-

8
- -

↑
- -

37/
-

a
$7827
- .

>
-

8
.

↑ 6
$298 31/
-
--
.
-
.

--
60
z
 6
85 1
-

- = =>

= --

seem -

.54
-

208

= > 34 months
-
-
=>

=>
 6
2

- - - -

- -

>

= >

-
 6
3

-t --
-
- -

8 89 %
~
.

78mths
- -

-
$2121 .
31W
-
>
-

2121 .
38 ~

-
 - 6
--
= -
4

a 8 39 %
.

(REMEMBERPpY/(pY !! )
-

-- & - - -

- -

-
-
--

- -

-- -

>
-

=>

a 2 7 %
$500
.
-

a
6 973
.

: . 92
ii 6. i . 500 x12 = $6000
.

$649) (increase
ii.
$491 13 .

in
iii. $491 15 value
.
means

S . 23 months I + Put !? )
 - - 6

Member
- -

-
5

,
PMTALWAYS a.
$197793 83- .

= 6 i $2158 00
$774237 82 ~
. .
.

ii . .

S34237 82V
- -

iii. T P
-
-

- - -
, .
-

~
a .

$617 .
80 &$1533 92
.

6 . 017724
c -

$18533 92/ .
 = > -

-
-

-
-

---- =>
66
= -

- -

--
-
a .
687 65x649
.
+ 587 S
.

$448972 4//
=

=
a .
i $5253
.
.
40 .

ii .
$210/35 El .
- -

6 i $4175. 11
. .
-
-

-
-

ii .
$4174 54.

(REMEMBERA)
-
-

iii. $25OSOG US .

a .
i) % ) =
9 24 %
.

6 .
$2343 .
Or
C .

51 months
 - 1 - -
=
-
- ,
- -
-
-

& -

&
(t)
&G
quentes
(,7)
--
-

-----
)
-
-

( -
- t
-

a .
$4000 IS = P- Value = n
,

6
. monthly paymut X12 pro =

Principal-Balance =
n Pr-N amount of =

Put X12 = nPmk interest.

=interest
Put-n
6
7
 Financial problems
68
Harder
Seeing
2-
-
-

- -
-
Calculate
-

-
- thefirst year(s)
o specified interest ,

↑ hen calculate others

and add
together .
 69
⑬

(+ 7-

- - -

-
-
- -

-
~

=>
 2--
1 =
- ---- - - -
--
-

-
-
- - - -

$118558 50 ~
a
46615 /
=
.

.
21 .

(x , - - -

- -
- -

-
- - -
-
-

- -
-

- >

$81939 57
-

a .
.

a . 415 37
.
~ 6 .

$67141 10 .

1 -
)
- +

- -

- -

- -

---

a$338807 90 V .

7
0
 ( 7)
*
-
,

-
-

= =>

- -

> - -

- -
-
-

- -

- = ----
= -

a :
153 morting
6 . Make N = 194,
then P -
FU = 229 97
.

a .

$5312 .
So (BALANCE
6 15500 . 57
MUST BE NEGATIVE)
.

c .
$445 SS ·

Remember to
d $2258945 . 88 put Ah values
in calculations when needed
e .
$1518945 .
88
7
1
 ( , b)
=>
- -

- -

-???

↑ ~ a So $150, 000 Sn = 1 005Sm v

Vo
=

125000 Unti
. .
,
=
= 1 80454-850
Up Ho
,
.

6 2.?? 6 $272909 .
S) .

.
C

-
-
-
-
=>

=>
=>
c . 2 . 72 %
-

a
$29597 OS
.

6 $37530$34378
.

stop contributing
meansNO ADDITIONAL 7
PAYMENTS(Pm + : 0) 2
 -

-
--
-

-
-
-
-
-
-
-

- -

- -

J
-
- -

-
=

-
-
7 -
,

-
- -

~
-

a .
$3504 15 d 58
-
-

paynets
.
-
.

. Future
6
-

Uc
-

(Put time)
x =x
z
.

then P-X = total interest

.
-
-

$104 75 =>

$18929 28
.
-

- -

c .
.
-

- - -

???

7
 74

mmmmmmm
Interest -

only loans

=>
(t
-
-
)
- -

- - -
-
- -
-

D
-
-

7
5
 > -

-- =>
---
-

A-D =D = 100000
a . 4 95 .

X 180000
= $600 ⑧ 4 =

=
2227 5 .
x 20 (Quarters)
-

$44550/
- -
-
=
-

a .

D = x50000 -

350/
- -

= - -

9 25
TA
- - -

-
a =
.

5 45
100 x 12x30000
D
.

000
Toxi x220 ,
=
231 25x12
-
= .

= $452 = $2775
.
6 ?? $32775
7
6
- - -

- -
- - -

jupayment
-

-
Not total, .

Not
sure

D
.
2
a 5 11
D
.
.

100X12x000000
=

=
$2555v
6935000
~
6 .
300000 $272 48
Add monthly payments
.

C .

d .
Not sure
loan !!
to
principal of
306600 + 600000
900500 7
ans. 000
=>
,

7
 ----
-

2120 =

XV solu (2352 =
mix2 Vo]
X

$672000
=

=>
$40000 2
yrs
---- =
336000

88- XVo, =
12 months

$28008 v

Vo = 1,000 ~ -
-

solve ( x 4000 = 116

, r)
%
soinmoor)
= 2 . 9

=
3 6%
.
7
8
-- -
-

- - -
-

- -

35008 r)
-

solm)
-

x = 3350 8
, = does notdo mth
- pay .

=
- -

~
4 8%
=

- - -

- -

a
monthly repayments = , 000
x320
6 $78728 ~
c
.

.
$85408
=

$1312Vd$1440 e .
$5 . 4
7
9
8
.
Perpetivities

M
componaly R%
10 e
XU
-

-
If PV is
FV is
*
D missing ,

missing , and
the
comsporty R of PV is the
So ... paymt .

solve (0 04x12 80
. =
300 se)
PU/fV
,
=
.
 8
1
>
-

>

solve for
iv!

1500 10
= x 30000
 -
----
- 8
2
a
0 0516 X 1000 008
-

(i
=>
a solve =
(42000 0
1)
.

=
y ,

=
$9790 . S

6 $842000 6
.

3. perpetuities
don't reduce
.

$57000
c -

$642, 000 principals

. (times
put ly (2)
--
-

2500 = 2 5 %, 2 5 40
~ .
x

$2158
.

a . $25920/12 = = 100 .

.
6
so 2500 x 40 =
$100000 r
Increase
...
 - -

- - -

- - -

- -

$50000 -
-

since 5 .
8 is 4 8 %...
.

4
.8 x 20 . 85 = 100
...

200 x 20 . 85 =
12300

.19 231 Ansx$234,

a
12500 x4 = 50000
-
.

Ans x12 = $540000

8
3
8
4
 -
-

-
- -
-
- -

~
-

8 ~ J

~
-~
z
- -

~
-

-
-
-

J
(+, -

~
- -

-
-

>
-
=>>
O
z
( +)

~
-
-

- - -

%
=>

8
So far "08 1 - +)
=

- - -

~
=>
!
good
=

so
g
8
5
 1 -
- -

~
- -

- -

-
-

~ z
& - -

~ -

~
- -

z
&
~ - -

&

~ ~
- -

8
- -

14,7
z - -

~
- -

M
-
-

-- -

&
-
-

-
(x, 7 D

All answered 10
- -

-
-
~ %
~
8
- -

! Well done !
--- correctly 8
6
 8
7

a
Vo = 250000, UH = 1 0040 -

1800 d
~
.

6 $240185 92
~
. .

2 .

55 monti ii .
120ere
1 D ill Com interest free
= 2X250008 .

still
is ,

i ones 250000
= 1000 .
 - - -

- - -

--
a Busses
.

6. $13134 - .

2 $3134 -
D
.

a ~ .

2x150000 =
$781 25
6
.

$147298 48-
.

C
38 months
&. i 41 .

paymls
ii .
make it 42
payments ,
then Punt-FU = $3323 .
07 8
8
 -
- -

-
-
- - -

--
89
-
-
-
-

a .
40 months
6 .
$320 78 V
.

c .
$1770 78 ~
.
 Pu
-
=

----

a .

$1115244 58 r .

6 290
.
months
· 3 5
D
.

100 000
Toxi*1
=
, ,

= $3300-
90
 - -

- - -
-
-

~
-

~
J

~
-

o
- -

~
D

& 9
1
 9
Difficult questione : 2
 9
3

Find PMT to

> ind total into

-
 94

Tollyer

Vo = 90800 Unt = 1 05 Ve
,
.
9
5
96
97
 Side notes :
98

Annuity is

Vn + 1 = Un -

D
99