Amortization Schedules - George Brown College
amortization schedule. Solution: Step 1: Determine the payment value. First we calculate the value of the payments using known methods, such as the formula for a general ordinary annuity: PV = PMT 1−(1+𝑖)−𝑛 𝑖 Or, we can use a financial calculator to compute the payment: Enter the known information as follows: ................
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