Loan Amortization

[@Joseph-cz2pi]

thanks for this best explanation , way better than my professor's

[@cradleofrelaxation6473]

The reason why you don’t get a perfect zero is because your payment amount is slightly higher.
The correct amount is $298,315.55

[@nishigowdamysore5609]

tqsm... this video helps a lot for my exam

[@paakwesikendrick9245]

Tooo good !
Thank you sir

[@nelsonlanga8190]

i dont know where does 3.352 comes from and can you please try to calculate the loan amortization schedule using the HP 10bII+ Financial Calculator

[@kakacricket]

PVA = PMT x (1- 1/(1+i)^n) all divided by i

[@kosiskhosana7754]

Thanks for the great information

[@meeraghimire3735]

We can calculate pmt by.. PMT= loan amount divided by PVIFA,n ,i

[@jokerjoker1643]

Woooooooow very nice explanation bro, I wish you to keep going on this channel

[@iecivil]

1:44 how did you calculate the factor there?

[@fazalkarwan6278]

This is like we do calculate for Present value of annuity. PVA= PMT (1-(1+r)^-n/r)
OR
1,000,000=PMT(1-(1+0.15)^-5/0.15
1,000,000=PMT(3.3521)
PMT=1,000,000/3.3521
PMT=298315.5525
That's it.
sorry for late reply.

[@nischolsuresh8884]

wonderful explanation sir

[@ashmitakumar5410]

Thank you sir, helped a lot

[@quinellaonyt3039]

Thank you sir, you did help me alot ✨

[@soumyajain1720]

U are osm thank you so much for this lacture

[@itsmeeloisajoy8360]

how did you get the 3.352 for the PVIFA that you don't have the given PVIFA?

[@tahjibrahman8364]

PVIFA can be also denoted as [{1- (1+r)^-n}/r], he had calculated it beforehand

[@tshivhasetshivhase6713]

(1-(1+interest)^time)/interest

[@fazalkarwan6278]

This is like we do calculate for Present value of annuity. PVA= PMT (1-(1+r)^-n/r)
OR
1,000,000=PMT(1-(1+0.15)^-5/0.15
1,000,000=PMT(3.3521)
PMT=1,000,000/3.3521
PMT=298315.5525
That's it.
sorry for late reply.

[@kosiskhosana7754]

Thank you

[@BlueCap143]

Excellent.......Thanks

[@iffi2526]

Good explanation . Thank You

[@christinechristine6102]

Thank you for this video

[@NaveenTirakannavar]

Two good

[@mustafaali-rz6xc]

Thanks sir
Could u explain sir how to calculate period of amortization loan

[@usamabinisrar_97]

How did you get the value "3.352" for "PVIFA"?

[@gracemwende_]

from the tables

[@babongilebrightness7472]

@@gracemwende_ yea u are right

[@thehappyvirus9631]

There is table given where you check the value of PVIFA for 15 persentage and 5 years

[@oseianim9113]

Good lecture

[@Dreamers.]

nice

[@raniya8054]

You did it wrong R is 29831.55.

[@bunchie9703]

How did you derive at 3.352? I'm lost ......!!

[@fazalkarwan6278]

This is like we do calculate for Present value of annuity. PVA= PMT (1-(1+r)^-n/r)
OR
1,000,000=PMT(1-(1+0.15)^-5/0.15
1,000,000=PMT(3.3521)
PMT=1,000,000/3.3521
PMT=298315.5525
That's it.
sorry for late reply.

[@razelpaigedeasis6722]

How did you get the PVIFA?

[@fazalkarwan6278]

This is like we do calculate for Present value of annuity. PVA= PMT (1-(1+r)^-n/r)
OR
1,000,000=PMT(1-(1+0.15)^-5/0.15
1,000,000=PMT(3.3521)
PMT=1,000,000/3.3521
PMT=298315.5525
That's it.
sorry for late reply.

[@sajidakhatun922]

Thank you

[@inn0xi]

Thanks

[@sajjadkhalid5377]

PVIFA value on 10% for 5 years is 3.7908 and you wrote 3.352?

[@AnilKumar-vv2ry]

how did you find 3.352 ??

[@fazalkarwan6278]

This is like we do calculate for Present value of annuity. PVA= PMT (1-(1+r)^-n/r)
OR
1,000,000=PMT(1-(1+0.15)^-5/0.15
1,000,000=PMT(3.3521)
PMT=1,000,000/3.3521
PMT=298315.5525
That's it.
sorry for late reply.

[@avimakkar]

Why disable like dislike huh ?

[@edtorobia631]

How did you get 3.352?

[@fazalkarwan6278]

This is like we do calculate for Present value of annuity. PVA= PMT (1-(1+r)^-n/r)
OR
1,000,000=PMT(1-(1+0.15)^-5/0.15
1,000,000=PMT(3.3521)
PMT=1,000,000/3.3521
PMT=298315.5525
That's it.
sorry for late reply.

[@merouabouziane9666]

1000000-148,328=999,85

[@salarahmed5246]

Thanx