need a loan payment schedule

  • Thread starter Thread starter gls858
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gls858

I need to show a loan amortization and I don't have a clue what to do.

Here's the data.

8.5% interest rate compounded monthly
loan amount 47,500.00
24 payments

I would like to show the interest and principle paid each month.

TIA

gls858
 
gls858 said:
I need to show a loan amortization and I don't have a clue what to do.

Here's the data.

8.5% interest rate compounded monthly
loan amount 47,500.00
24 payments

I would like to show the interest and principle paid each month.

TIA

gls858

I'm so used to looking here for solutions I forgot to check the web.
I found a site that gave me exactly what I wanted.

Thanks to Bret Whissel at

http://www.bretwhissel.net/cgi-bin/amortize


gls858
 
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