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Multistate Fixed Rate Note Form 3200 PDF

Multistate Fixed Rate Note Form 3200 PDF

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Instructions and help about Multistate Fixed Rate Note Form 3200 PDF

you'll be able to see in this video how to do a low amortization with fixed principle so this is a template that you will find in the blackboard that I prepared I'm just gonna demonstrate how we fill in those cells with the fixed principle so what you have here is first the input we have the principles which is $4,000 that will be borrowing the term is for years the interest rate is 5% per year and I have this table created already all we need to do is fill in the blanks so first let's start from the beginning the beginning balance of year 1 is apparently $4,000 that's how much you have borrowed in the beginning and things we are doing the fixed principle that means the principle payment that we have is going to be the same for every years so for years and we have $4,000 principal so every year the principal payment is going to be 4,000 divided by 4 so that is going to be the same for every year and so we have this part Fielding's and let&#39

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