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Loan 850000 1000 Int Rate 15% 4% Period in Years 8 2

This document outlines the details of two loans, including the principal amounts, interest rates over different periods of time, and calculations of interest and total amounts due. Loan 1 is for $850,000 at 15% interest over 8 years, while Loan 2 is for $1,000 at 4% interest over 2 years. The document shows the interest and total amounts owed for each loan.

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kunika bachhas
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191 views2 pages

Loan 850000 1000 Int Rate 15% 4% Period in Years 8 2

This document outlines the details of two loans, including the principal amounts, interest rates over different periods of time, and calculations of interest and total amounts due. Loan 1 is for $850,000 at 15% interest over 8 years, while Loan 2 is for $1,000 at 4% interest over 2 years. The document shows the interest and total amounts owed for each loan.

Uploaded by

kunika bachhas
Copyright
© © All Rights Reserved
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
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Loan 850000 1000 ($43.

42)
Int rate 15% 4%
Period in years 8 2

($2,390,786.10) ($993.01)
($15,253.59)
($10,625.00) ($15,253.59)
($4,628.59)
($23,028.25)

($24,942.89)

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