NO.PZ2015120604000019
问题如下：
An investor borrowed $25,000 at 12% interest. The loan should be paid back at the same amount over next ten years, how much of the second year's payment is interest(assume annual loan payments)?
选项：
A.$2,829.05.
B.$4,424.60.
C.$1,037.26.
解释：
A is correct.
PV = -25,000; FV = 0; I/Y = 12; N = 10; CPT PMT = 4,424.60.
The interest should be pad in the first year is $3,000 = 25,000 × 0.12
The principal in the second year is $25,000 -($4,424.60-$3,000) = $23,575.40.
The interest should be pad in the second year is = $23,575.40 × 0.12 = $2,829.05.
NO.PZ2015120604000019
问题如下：
An investor borrowed $25,000 at 12% interest. The loan should be paid back at the same amount over next ten years, how much of the second year's payment is interest(assume annual loan payments)?
选项：
A.
$2,829.05.
B.
$4,424.60.
C.
$1,037.26.
解释：
A is correct.
PV = -25,000; FV = 0; I/Y = 12; N = 10; CPT PMT = 4,424.60.
The interest should be pad in the first year is $3,000 = 25,000 × 0.12
The principal in the second year is $25,000 -($4,424.60-$3,000) = $23,575.40.
The interest should be pad in the second year is = $23,575.40 × 0.12 = $2,829.05.
