FIN 419 Week 2 DQs - 7652

Solution Posted by
Solution Detail
Price: $2.00
  • From: ,
  • Posted on: Thu 12 Apr, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

What is a loan amortization schedule?

How would you use it determine your loan interest rate?

What factors would impact your choice between two loans?

What are the three key inputs to the valuation model? 

Solution Description

A loan amortization schedule is, “A schedule of equal payments to repay a loan. It shows the allocation of each loan payment to interest and principal” (Gitman, 2006, p. 193). I use loan amortization schedules in Excel to track my loans. Each payment has principle and interest allocated acco