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    Truck Loan

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    mastrange
    This document shows the amortization schedule for a $8,000 loan with an interest rate of 0.77729167% over 30 months with monthly payments of $300. It displays the beginning balance, principal, interest, and ending balance for each month. The totals at the bottom show that the entire $8,000 principal will be paid off along with $997.55 in total interest over the 30 month period for a total payment of $8,997.55.

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    Truck Loan

    Uploaded by

    mastrange
    29 views1 page
    This document shows the amortization schedule for a $8,000 loan with an interest rate of 0.77729167% over 30 months with monthly payments of $300. It displays the beginning balance, principal, interest, and ending balance for each month. The totals at the bottom show that the entire $8,000 principal will be paid off along with $997.55 in total interest over the 30 month period for a total payment of $8,997.55.

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    This document shows the amortization schedule for a $8,000 loan with an interest rate of 0.77729167% over 30 months with monthly payments of $300. It displays the beginning balance, principal, interest, and ending balance for each month. The totals at the bottom show that the entire $8,000 principal will be paid off along with $997.55 in total interest over the 30 month period for a total payment of $8,997.55.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    29 views1 page

    Truck Loan

    Uploaded by

    mastrange
    This document shows the amortization schedule for a $8,000 loan with an interest rate of 0.77729167% over 30 months with monthly payments of $300. It displays the beginning balance, principal, interest, and ending balance for each month. The totals at the bottom show that the entire $8,000 principal will be paid off along with $997.55 in total interest over the 30 month period for a total payment of $8,997.55.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 1

    Principal $8,000.

    00
    Interest 0.77729167%
    Months 30
    Payment $300.00

    Beg Bal Prin Int End Bal


    1 $8,000.00 $237.82 $62.18 $7,762.18
    2 $7,762.18 $239.67 $60.33 $7,522.52
    3 $7,522.52 $241.53 $58.47 $7,280.99
    4 $7,280.99 $243.41 $56.59 $7,037.58
    5 $7,037.58 $245.30 $54.70 $6,792.29
    6 $6,792.29 $247.20 $52.80 $6,545.08
    7 $6,545.08 $249.13 $50.87 $6,295.96
    8 $6,295.96 $251.06 $48.94 $6,044.90
    9 $6,044.90 $253.01 $46.99 $5,791.88
    10 $5,791.88 $254.98 $45.02 $5,536.90
    11 $5,536.90 $256.96 $43.04 $5,279.94
    12 $5,279.94 $258.96 $41.04 $5,020.98

    13 $5,020.98 $260.97 $39.03 $4,760.01


    14 $4,760.01 $263.00 $37.00 $4,497.01
    15 $4,497.01 $265.05 $34.95 $4,231.96
    16 $4,231.96 $267.11 $32.89 $3,964.86
    17 $3,964.86 $269.18 $30.82 $3,695.68
    18 $3,695.68 $271.27 $28.73 $3,424.40
    19 $3,424.40 $273.38 $26.62 $3,151.02
    20 $3,151.02 $275.51 $24.49 $2,875.51
    21 $2,875.51 $277.65 $22.35 $2,597.86
    22 $2,597.86 $279.81 $20.19 $2,318.06
    23 $2,318.06 $281.98 $18.02 $2,036.08
    24 $2,036.08 $284.17 $15.83 $1,751.90

    25 $1,751.90 $286.38 $13.62 $1,465.52


    26 $1,465.52 $288.61 $11.39 $1,176.91
    27 $1,176.91 $290.85 $9.15 $886.06
    28 $886.06 $293.11 $6.89 $592.95
    29 $592.95 $295.39 $4.61 $297.55
    30 $297.55 $297.55 $0.00 $0.00

    TOTALS $8,000.00 $997.55 $8,997.55

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