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Periodic sinking fund deposit - PowerPoint PPT Presentation

Sections 5.3, 5.4

Sections 5.3, 5.4. When a loan is being repaid with the amortization method, each payment is partially a repayment of principal and partially a payment of interest. Determining the amount of each for a payment can be important (for income tax purposes, for example).

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251 views • 15 slides

Sections 5.3, 5.4

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Sections 6.3, 6.4

Sections 6.3, 6.4. When a loan is being repaid with the amortization method, each payment is partially a repayment of principal and partially a payment of interest. Determining the amount of each for a payment can be important (for income tax purposes, for example).

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151 views • 14 slides

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Periodic sinking fund deposit - PowerPoint PPT Presentation

Sections 5.3, 5.4

Sections 5.3, 5.4

Sections 6.3, 6.4