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Convert Amortization Schedule to PPT

Convert Amortization Schedule to PPT

Aug 6th, 2022

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How to Convert Amortization Schedule to PPT

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in this video I will show you how to prepare an amortization schedule which is an application of the present value of an annuity but before we get started its important to understand some terms such as principal which is the original amount of a loan interest the amount the lender charges amortized loan alone in which the principal and interests are paid each period by making equal payments here I should highlight something loans have different payment schemes amortized loan is one of them there are other types such as the discount loan in which the borrower pays the principal and the interest at maturity so the full amount at maturity but this is not the topic of this video this video is particularly about the amortized loan and finally the amortization schedule which we will be doing today it is a schedule that shows the annual interest expense the reduction of principal each year and the ending balance or remaining principal of an amortized loan so lets get started with an exerci

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