Easily Replace Calculated Field into the Payment Guaranty

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How to Replace Calculated Field into the Payment Guaranty

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hello students in this video i will be solving two problems related to equivalent values the first problem say this scheduled payments of a thousand dollars due in nine months and 1200 dollars due in 18 months are to be replaced by a single payment three years from now determine the size of the replacement payment if money is worth 8.8 percent compounded quarterly so the first thing that im going to take into account is the interest so we have an interest that is a equal to 8.8 percent and besides this nominal rate of interest we know that this compound quarterly so n equals four there are four compound periods in a year of course i need to think in the time of one point at the beginning that is at this moment of time now and then i can start reading and try to understand the problem for example a scheduled payment of one thousands due in nine months so there is a thousands that is scheduled to be paid in nine months so im going to type here one thousand and this is nine months from

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do I change my guarantor on my loan?

However, if your loan has been paid out, you must first pay off the current loan, in order to change your guarantor. Once the loan has been paid out and the loan contracts have been signed, it is not possible to change your guarantor.

Why cant i override TurboTax?

If a field cant be overridden, that means it is calculated from someplace else (a smart worksheet on the schedule or another program worksheet) and you need to find the source of the numbers to do the override. Remember that tax returns with overrides cant be e-filed and overrides void the accuracy guarantee.

How do I override entries in TurboTax?

In the CD/Download TurboTax software, to override an entry in forms mode right-click the entry you want to override, then select Override on the pop-up menu. The value that has been overridden will be displayed in red instead of black.

How do I remove a personal guarantor?

An otherwise valid and enforceable personal guaranty can be revoked later in several different ways. A guaranty, much like any other contract, can be revoked later if both the guarantor and the lender agree in writing. Some debts owed by personal guarantors can also be discharged in bankruptcy.

How quickly can you remove a guarantor?

Once you repay enough of your loan and build equity, you can remove the guarantee from your loan. So, if your guarantor guaranteed 10% of your loan, they can be removed once youve built enough equity to cover their guaranteed portion.

How do I replace a guarantor?

after default you can not remove as guarantor. somebody have to agree to change you as guarantor. but nobody else will become guarantor instead of you for defaulted loan.

How do you calculate PMT manually?

The PMT function calculates loan payments. Since most loan payments are monthly, the function needs to be modified by dividing the interest rate by 12, but multiplying the number of payment periods by 12.

Can you cancel a guarantor?

The agreement can always be ended if both sides wish, or if the option to do this has been set out in the tenancy guarantee agreement. As such, the Guarantors liability will end depending on what the guarantee agreement states and so should be checked carefully by all parties.

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