MLA09 Notice of Amortization (08-22-14)

periodic deposits in an interest earning account (called asinking fund) sufﬁcient to accrue the original loan amount at the end of the loan term. Case (1)Suppose i = effective interest on the loan per payment period = effective interest earned in the sinking fund per pay period: If L is the original loan amount i(L) is the interest due per ... ................
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