Reverse Mortgage

glenn b asked: The question is this: “The equipments useful life is 10 yrs – no residual or scrap value” Even if it doesn’t have residual value throughout the 10 years, is there still a yearly amortization on the equipment?

Sarah asked: is there a difference between declining and double declining and straight line amortization?

fwerds asked: I need help with the calculation for this… What amortization payments would be required every six months, at 14% interest, to pay off a $35,000 loan within four years? Round your answer to the nearest cent. So how would you do this? Thanks! I tried that & it doesn’t come out right.. so [...]

Becky D asked: This is my HW question: Create an Amortization schedule for a long term loan in an Excel Spreadsheet. Use 340,000 for the amount financed for 30 years with a rate of 6.25 % and print out 24 months of the schedule. (It may be helpful to fill in values before you enter [...]

piinksugarr asked: I’m having to make an amortization schedule for payments when buying a car. My question is if the MSRP is 29,545, is the sales tax the same as interest? When I do the schedule, I’ve got 5 columns labeled end of month, payment, interest, principal, and balance. If I take the sales tax [...]

Kendra J asked: Do a loan amortization for $150,000, 30-year mortgage loan at a rate of 5 percent and answer the following questions: a. How much is the monthly payment? b. How much of the first payment (i.e., year 1, month 1) goes towards interest? How much toward principal reduction? c. How much of the [...]

Justin D asked: I’M IN COA CLASS! I NEED THE ANSWER!

kreesteene_5231990 asked: a man inherits a lot for Php 876,700 in Filinvest Land Inc. with a reservation fee of Php 8500. If the man is given 12 months to pay the down payment which is 20% of the total contract price without interest and the 80% loanable amount was to be amortized for 5 years [...]

fwerds asked: **I DO NOT NEED AN ONLINE WEBSITE WITH A CALCULATE.. I NEED THE ACTUAL EQUATION TO GET THE ANSWER..THANKS… I have this problem: mortgage 100,000 Rate 9.5% 20 years Please show how to calculate this using A PEN & PAPERContent – Members-Only Content for WordPress

Steve S asked: Home value, loan amount, term (years), homeowner’s insurance (yearly), property taxes (yearly), interest, and equals to the monthly payment. Home value, loan amount, term (years), homeowner’s insurance (yearly), property taxes (yearly), interest, and equals to the monthly payment. And please give me the website address. This is all on for my 1st [...]