Loan Amortization, Present Value, Dividend, Net Present Value Calculations In Essay.
Loan Data
Original Principal
$ 800,000.00
Loan Term (Years)
30
Annual Interest Rate
3.60%
Number of payments per Year
12
Payments per Year
$3,637.16
Formula
Amount
(i) Interest paid on the first month of 25th Year
$598.33
Formula
Amount
(ii) Total Interest p…