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vcm_midterm_assignment_1_amortization_sched_
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Period (1 month interval) Outstanding principal at the Beginning of Each period: Interest due at the end of the period Payment at the end of the each period Portion of Principal reduced by each payment 1 5,000.00 62.50 173.33 110. 2 4,889.17 61.11 173.33 112. 3 4,776.95 59.71 173.33 113. 4 4,663.34 58.29 173.33 115. 5 4,548.30 56.85 173.33 116. 6 4,431.82 55.40 173.33 117. 7 4,313.89 53.92 173.33 119. 8 4,194.48 52.43 173.33 120. 9 4,073.58 50.92 173.33 122. 10 3,951.17 49.39 173.33 123. 11 3,827.23 47.84 173.33 125. 12 3,701.74 46.27 173.33 127. 13 3,574.69 44.68 173.33 128. 14 3,446.04 43.08 173.33 130. 15 3,315.79 41.45 173.33 131. 16 3,183.90 39.80 173.33 133. 17 3,050.37 38.13 173.33 135. 18 2,915.17 36.44 173.33 136. 19 2,778.28 34.73 173.33 138. 20 2,639.68 33.00 173.33 140. 21 2,499.35 31.24 173.33 142. 22 2,357.26 29.47 173.33 143. 23 2,213.39 27.67 173.33 145. 24 2,067.73 25.85 173.33 147. 25 1,920.25 24.00 173.33 149. 26 1,770.92 22.14 173.33 151. 27 1,619.73 20.25 173.33 153. 28 1,466.64 18.33 173.33 155. 29 1,311.65 16.40 173.33 156. 30 1,154.71 14.43 173.33 158. 31 995.82 12.45 173.33 160. 32 834.93 10.44 173.33 162. 33 672.04 8.40 173.33 164. 34 507.11 6.34 173.33 166. 35 340.12 4.25 173.33 169. 36 171.04 2.14 173.18 171. TOTAL 1,239.73 6,239.73 5,000.