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Simple Time Value of Money Template

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Simple Time Value of Money Template Powered By Docstoc
					TIME VALUE OF MONEY

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

A B C FUTURE AND PRESENT VALUE FACTORS

D

E

F

G

Interest rate Present value First of Year Balance 1,000 1,100 1,210 1,331

10% 1,000 End of % of Year Initial Balance Investment 1,100 1,210 1,331 1,464 110% 121% 133% 146%

Year 1 2 3 4

Interest 100 110 121 133

% of Initial Investment ( Future Value Factor ) = ( 1 + Interest Rate ) ^ # of Years Present Value Factor = 1 / ( 1 + Interest Rate ) ^ # of Years

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TIME VALUE OF MONEY

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

A B AMORTIZATON TABLE

C

D

E

F

G

The following amortization table shows the link between the present value (amount borrowed), cash flow (payment) and discount rate (interest rate) on a five-year loan.

Interest rate Payment Amount borrowed

10% 1,000 3,791 Beginning Balance 3,791 3,170 2,487 1,736 909 Plus Interest 379 317 249 174 91 Less Payment (1,000) (1,000) (1,000) (1,000) (1,000) Ending Balance 3,170 2,487 1,736 909 0

Year 1 2 3 4 5

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TIME VALUE OF MONEY

A B C D E F G H 1 PRESENT VALUE CALCULATION 2 3 4 The following shows how to calculate the present value as the sum of the present values 5 of the cash flows. 6 7 Interest rate 10% 8 Payment 1,000 9 10 Year 0 1 2 3 4 5 11 12 Payment 1,000 1,000 1,000 1,000 1,000 13 Present value factor 100% 91% 83% 75% 68% 62% 14 PV of payment 909 826 751 683 621 15 PV of all payments 3,791

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TIME VALUE OF MONEY
A B C D E F G 1 SPREADSHEET FUNCTIONS 2 3 Given the number of periods (or number of payments), any two of the following determine 4 the third: present value, cash flow, discount rate. Be careful about the signs! 5 6 1. The present value is computed as PV(interest rate, # of periods, cash flow). 7 8 Discount rate 10% 9 Number of periods 5 10 Cash flow 1,000 11 Present value (3,791) 12 13 14 2. The present value can also be computed as NPV(interest rate, series of cash flows). 15 16 Year 0 1 2 3 4 5 17 18 Cash flow 1,000 1,000 1,000 1,000 1,000 19 PV of cash flows 3,791 20 21 22 3. The cash flow is computed as PMT(discount rate, # of periods, present value). 23 24 Discount rate 10% 25 Number of periods 5 26 Present value 3791 27 Cash flow (1,000) 28 29 30 4. The discount rate is computed as IRR(series of present value and cash flows). 31 32 Year 0 1 2 3 4 5 33 34 Cash flow (3,791) 1,000 1,000 1,000 1,000 1,000 35 Internal rate of return 10% H

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TIME VALUE OF MONEY

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

A B MONTHLY COMPOUNDING Annual interest rate Monthly interest rate

C

D

E

F

10% 0.83%

( Annual rate / 12 ) Future Value Factor 100.83% 101.67% 102.52% 103.38% 104.24% 105.11% 105.98% 106.86% 107.75% 108.65% 109.56% 110.47%

Month 1 2 3 4 5 6 7 8 9 10 11 12

Beginning Balance 100.00 100.83 101.67 102.52 103.38 104.24 105.11 105.98 106.86 107.75 108.65 109.56

Interest 0.83 0.84 0.85 0.85 0.86 0.87 0.88 0.88 0.89 0.90 0.91 0.91 10.47%

Ending Balance 100.83 101.67 102.52 103.38 104.24 105.11 105.98 106.86 107.75 108.65 109.56 110.47

Effective annual rate

Effective annual rate = FVF - 100% = ( 1 + Monthly Rate )^12 - 100%

Page 5

A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 Principal Interest rate Number of years Monthly payment

B $15,000 8.00% 4 $366.19

C

D

E

F

G

If the principal or interest rate are changed, the monthly payment and the following amortization table will automatically recalculate. Beginning Balance 15,000.00 14,733.81 14,465.84 14,196.08 13,924.53 13,651.17 13,375.98 13,098.96 12,820.09 12,539.37 12,256.77 11,972.29 11,685.91 11,397.62 11,107.41 10,815.26 10,521.17 10,225.12 9,927.09 9,627.08 9,325.07 9,021.04 8,714.99 8,406.89 8,096.74 7,784.53 7,470.23 7,153.84 6,835.34 6,514.71 6,191.95 5,867.04 5,539.96 5,210.70 4,879.24 4,545.57 4,209.68 3,871.56 3,531.17 3,188.52 2,843.58 2,496.35 2,146.79 1,794.91 1,440.68 1,084.09 725.13 363.77 Plus Interest 100.00 98.23 96.44 94.64 92.83 91.01 89.17 87.33 85.47 83.60 81.71 79.82 77.91 75.98 74.05 72.10 70.14 68.17 66.18 64.18 62.17 60.14 58.10 56.05 53.98 51.90 49.80 47.69 45.57 43.43 41.28 39.11 36.93 34.74 32.53 30.30 28.06 25.81 23.54 21.26 18.96 16.64 14.31 11.97 9.60 7.23 4.83 2.43 Less Payment (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) Ending Balance 14,733.81 14,465.84 14,196.08 13,924.53 13,651.17 13,375.98 13,098.96 12,820.09 12,539.37 12,256.77 11,972.29 11,685.91 11,397.62 11,107.41 10,815.26 10,521.17 10,225.12 9,927.09 9,627.08 9,325.07 9,021.04 8,714.99 8,406.89 8,096.74 7,784.53 7,470.23 7,153.84 6,835.34 6,514.71 6,191.95 5,867.04 5,539.96 5,210.70 4,879.24 4,545.57 4,209.68 3,871.56 3,531.17 3,188.52 2,843.58 2,496.35 2,146.79 1,794.91 1,440.68 1,084.09 725.13 363.77 (0.00)

Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48

151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360

0.00 (366.19) (734.83) (1,105.92) (1,479.49) (1,855.55) (2,234.11) (2,615.20) (2,998.83) (3,385.01) (3,773.77) (4,165.12) (4,559.09) (4,955.67) (5,354.91) (5,756.80) (6,161.37) (6,568.64) (6,978.63) (7,391.34) (7,806.81) (8,225.05) (8,646.08) (9,069.91) (9,496.57) (9,926.08) (10,358.45) (10,793.70) (11,231.85) (11,672.92) (12,116.93) (12,563.91) (13,013.86) (13,466.81) (13,922.79) (14,381.80) (14,843.87) (15,309.02) (15,777.28) (16,248.65) (16,723.17) (17,200.85) (17,681.72) (18,165.79) (18,653.09) (19,143.64) (19,637.46) (20,134.57) (20,634.99) (21,138.75) (21,645.87) (22,156.37) (22,670.27) (23,187.60) (23,708.38) (24,232.63) (24,760.37) (25,291.64) (25,826.44) (26,364.81) (26,906.77) (27,452.34) (28,001.55) (28,554.42) (29,110.98) (29,671.25) (30,235.25) (30,803.01) (31,374.56) (31,949.92) (32,529.11) (33,112.17) (33,699.11) (34,289.96) (34,884.75) (35,483.51) (36,086.26) (36,693.03) (37,303.85) (37,918.73) (38,537.72) (39,160.83) (39,788.10) (40,419.54) (41,055.20) (41,695.10) (42,339.26) (42,987.71) (43,640.49) (44,297.62) (44,959.13) (45,625.06) (46,295.42) (46,970.25) (47,649.58) (48,333.43) (49,021.85) (49,714.86) (50,412.48) (51,114.76) (51,821.72) (52,533.39) (53,249.81) (53,971.00) (54,697.00) (55,427.84) (56,163.55) (56,904.17) (57,649.73) (58,400.25) (59,155.78) (59,916.35) (60,681.98) (61,452.72) (62,228.60) (63,009.65) (63,795.91) (64,587.41) (65,384.19) (66,186.27) (66,993.71) (67,806.53) (68,624.77) (69,448.46) (70,277.64) (71,112.35) (71,952.63) (72,798.51) (73,650.02) (74,507.22) (75,370.13) (76,238.79) (77,113.24) (77,993.52) (78,879.67) (79,771.73) (80,669.74) (81,573.73) (82,483.75) (83,399.83) (84,322.03) (85,250.37) (86,184.90) (87,125.66) (88,072.69) (89,026.03) (89,985.73) (90,951.83) (91,924.37) (92,903.40) (93,888.95) (94,881.07) (95,879.80) (96,885.19) (97,897.29) (98,916.13) (99,941.76) (100,974.24) (102,013.59) (103,059.88) (104,113.14) (105,173.42) (106,240.77) (107,315.23) (108,396.86) (109,485.70) (110,581.80) (111,685.21) (112,795.97) (113,914.13) (115,039.76) (116,172.88) (117,313.56) (118,461.85) (119,617.78) (120,781.43) (121,952.83) (123,132.05) (124,319.12) (125,514.11) (126,717.06) (127,928.04) (129,147.09) (130,374.26) (131,609.62) (132,853.21) (134,105.09) (135,365.32) (136,633.95) (137,911.03) (139,196.63) (140,490.80) (141,793.60) (143,105.09) (144,425.32) (145,754.34) (147,092.23) (148,439.04) (149,794.83) (151,159.66) (152,533.58) (153,916.67) (155,308.97) (156,710.56) (158,121.49) (159,541.83) (160,971.63) (162,410.97) (163,859.90) (165,318.50)

0.00 (2.44) (4.90) (7.37) (9.86) (12.37) (14.89) (17.43) (19.99) (22.57) (25.16) (27.77) (30.39) (33.04) (35.70) (38.38) (41.08) (43.79) (46.52) (49.28) (52.05) (54.83) (57.64) (60.47) (63.31) (66.17) (69.06) (71.96) (74.88) (77.82) (80.78) (83.76) (86.76) (89.78) (92.82) (95.88) (98.96) (102.06) (105.18) (108.32) (111.49) (114.67) (117.88) (121.11) (124.35) (127.62) (130.92) (134.23) (137.57) (140.93) (144.31) (147.71) (151.14) (154.58) (158.06) (161.55) (165.07) (168.61) (172.18) (175.77) (179.38) (183.02) (186.68) (190.36) (194.07) (197.81) (201.57) (205.35) (209.16) (213.00) (216.86) (220.75) (224.66) (228.60) (232.57) (236.56) (240.58) (244.62) (248.69) (252.79) (256.92) (261.07) (265.25) (269.46) (273.70) (277.97) (282.26) (286.58) (290.94) (295.32) (299.73) (304.17) (308.64) (313.13) (317.66) (322.22) (326.81) (331.43) (336.08) (340.77) (345.48) (350.22) (355.00) (359.81) (364.65) (369.52) (374.42) (379.36) (384.33) (389.34) (394.37) (399.44) (404.55) (409.68) (414.86) (420.06) (425.31) (430.58) (435.89) (441.24) (446.62) (452.04) (457.50) (462.99) (468.52) (474.08) (479.68) (485.32) (491.00) (496.71) (502.47) (508.26) (514.09) (519.96) (525.86) (531.81) (537.80) (543.82) (549.89) (556.00) (562.15) (568.34) (574.57) (580.84) (587.15) (593.51) (599.90) (606.35) (612.83) (619.36) (625.93) (632.54) (639.20) (645.90) (652.65) (659.44) (666.28) (673.16) (680.09) (687.07) (694.09) (701.16) (708.27) (715.43) (722.65) (729.90) (737.21) (744.57) (751.97) (759.43) (766.93) (774.49) (782.09) (789.75) (797.45) (805.21) (813.02) (820.88) (828.79) (836.76) (844.78) (852.85) (860.98) (869.16) (877.40) (885.69) (894.03) (902.44) (910.89) (919.41) (927.98) (936.61) (945.29) (954.03) (962.84) (971.70) (980.61) (989.59) (998.63) (1,007.73) (1,016.89) (1,026.11) (1,035.39) (1,044.74) (1,054.14) (1,063.61) (1,073.14) (1,082.74) (1,092.40) (1,102.12)

(366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19) (366.19)

(366.19) (734.83) (1,105.92) (1,479.49) (1,855.55) (2,234.11) (2,615.20) (2,998.83) (3,385.01) (3,773.77) (4,165.12) (4,559.09) (4,955.67) (5,354.91) (5,756.80) (6,161.37) (6,568.64) (6,978.63) (7,391.34) (7,806.81) (8,225.05) (8,646.08) (9,069.91) (9,496.57) (9,926.08) (10,358.45) (10,793.70) (11,231.85) (11,672.92) (12,116.93) (12,563.91) (13,013.86) (13,466.81) (13,922.79) (14,381.80) (14,843.87) (15,309.02) (15,777.28) (16,248.65) (16,723.17) (17,200.85) (17,681.72) (18,165.79) (18,653.09) (19,143.64) (19,637.46) (20,134.57) (20,634.99) (21,138.75) (21,645.87) (22,156.37) (22,670.27) (23,187.60) (23,708.38) (24,232.63) (24,760.37) (25,291.64) (25,826.44) (26,364.81) (26,906.77) (27,452.34) (28,001.55) (28,554.42) (29,110.98) (29,671.25) (30,235.25) (30,803.01) (31,374.56) (31,949.92) (32,529.11) (33,112.17) (33,699.11) (34,289.96) (34,884.75) (35,483.51) (36,086.26) (36,693.03) (37,303.85) (37,918.73) (38,537.72) (39,160.83) (39,788.10) (40,419.54) (41,055.20) (41,695.10) (42,339.26) (42,987.71) (43,640.49) (44,297.62) (44,959.13) (45,625.06) (46,295.42) (46,970.25) (47,649.58) (48,333.43) (49,021.85) (49,714.86) (50,412.48) (51,114.76) (51,821.72) (52,533.39) (53,249.81) (53,971.00) (54,697.00) (55,427.84) (56,163.55) (56,904.17) (57,649.73) (58,400.25) (59,155.78) (59,916.35) (60,681.98) (61,452.72) (62,228.60) (63,009.65) (63,795.91) (64,587.41) (65,384.19) (66,186.27) (66,993.71) (67,806.53) (68,624.77) (69,448.46) (70,277.64) (71,112.35) (71,952.63) (72,798.51) (73,650.02) (74,507.22) (75,370.13) (76,238.79) (77,113.24) (77,993.52) (78,879.67) (79,771.73) (80,669.74) (81,573.73) (82,483.75) (83,399.83) (84,322.03) (85,250.37) (86,184.90) (87,125.66) (88,072.69) (89,026.03) (89,985.73) (90,951.83) (91,924.37) (92,903.40) (93,888.95) (94,881.07) (95,879.80) (96,885.19) (97,897.29) (98,916.13) (99,941.76) (100,974.24) (102,013.59) (103,059.88) (104,113.14) (105,173.42) (106,240.77) (107,315.23) (108,396.86) (109,485.70) (110,581.80) (111,685.21) (112,795.97) (113,914.13) (115,039.76) (116,172.88) (117,313.56) (118,461.85) (119,617.78) (120,781.43) (121,952.83) (123,132.05) (124,319.12) (125,514.11) (126,717.06) (127,928.04) (129,147.09) (130,374.26) (131,609.62) (132,853.21) (134,105.09) (135,365.32) (136,633.95) (137,911.03) (139,196.63) (140,490.80) (141,793.60) (143,105.09) (144,425.32) (145,754.34) (147,092.23) (148,439.04) (149,794.83) (151,159.66) (152,533.58) (153,916.67) (155,308.97) (156,710.56) (158,121.49) (159,541.83) (160,971.63) (162,410.97) (163,859.90) (165,318.50) (166,786.81)

Page 6

A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 Principal Interest rate Number of years Monthly payment

B $150,000 8.50% 30 $1,153.37

C

D

E

F

G

If the principal or interest rate are changed, the monthly payment and the following amortization table will automatically recalculate. Beginning Principal 150,000.00 149,909.13 149,817.62 149,725.45 149,632.64 149,539.17 149,445.03 149,350.23 149,254.76 149,158.61 149,061.78 148,964.26 148,866.06 148,767.15 148,667.55 148,567.24 148,466.22 148,364.49 148,262.03 148,158.85 148,054.94 147,950.29 147,844.90 147,738.77 147,631.88 147,524.24 147,415.83 147,306.66 147,196.71 147,085.98 146,974.47 146,862.17 146,749.07 146,635.17 146,520.47 146,404.95 146,288.62 146,171.46 146,053.47 145,934.65 145,814.98 145,694.46 145,573.10 145,450.87 145,327.78 145,203.81 145,078.97 144,953.24 144,826.62 144,699.11 144,570.69 144,441.36 144,311.12 144,179.95 144,047.86 143,914.82 143,780.85 143,645.93 143,510.05 143,373.21 143,235.40 143,096.61 142,956.84 142,816.08 142,674.33 142,531.57 142,387.80 142,243.01 142,097.19 141,950.34 141,802.45 141,653.52 141,503.53 141,352.47 141,200.35 141,047.15 140,892.86 140,737.48 140,581.00 140,423.41 140,264.71 140,104.88 139,943.92 139,781.82 139,618.57 139,454.17 139,288.60 139,121.85 138,953.93 138,784.82 138,614.51 138,442.99 138,270.26 138,096.30 137,921.11 137,744.68 137,567.00 137,388.07 137,207.86 137,026.38 136,843.61 136,659.55 136,474.19 136,287.51 136,099.51 135,910.18 135,719.50 135,527.48 135,334.10 135,139.34 134,943.21 134,745.69 134,546.76 134,346.43 134,144.68 133,941.51 133,736.89 133,530.82 133,323.29 133,114.30 132,903.82 132,691.85 132,478.38 132,263.40 132,046.90 131,828.86 131,609.28 131,388.14 131,165.43 130,941.15 130,715.28 130,487.81 130,258.73 130,028.02 129,795.69 129,561.70 129,326.06 129,088.75 128,849.76 128,609.07 128,366.68 128,122.58 127,876.74 127,629.17 127,379.84 127,128.74 126,875.87 126,621.20 126,364.73 126,106.44 125,846.33 125,584.37 125,320.55 125,054.87 124,787.31 124,517.84 124,246.48 123,973.19 123,697.96 123,420.78 123,141.64 122,860.53 122,577.42 122,292.30 122,005.17 121,716.00 121,424.79 121,131.51 120,836.15 120,538.71 120,239.15 119,937.48 119,633.66 119,327.70 119,019.57 118,709.25 118,396.74 118,082.01 117,765.06 117,445.85 117,124.39 116,800.65 116,474.62 116,146.28 115,815.61 115,482.60 115,147.23 114,809.49 114,469.35 114,126.81 113,781.84 113,434.42 113,084.54 112,732.19 112,377.34 112,019.97 111,660.08 111,297.63 110,932.62 110,565.03 110,194.82 109,822.00 109,446.54 109,068.41 108,687.61 108,304.11 107,917.89 107,528.94 107,137.24 106,742.75 106,345.48 105,945.39 105,542.46 105,136.69 104,728.03 104,316.49 103,902.03 103,484.63 103,064.27 102,640.94 102,214.61 101,785.26 101,352.87 100,917.42 100,478.88 100,037.23 99,592.46 99,144.54 98,693.44 98,239.15 97,781.64 97,320.89 96,856.88 96,389.57 95,918.96 95,445.02 94,967.72 94,487.04 94,002.95 93,515.43 93,024.46 92,530.02 92,032.07 91,530.59 91,025.56 90,516.96 90,004.75 89,488.91 88,969.42 88,446.25 87,919.38 87,388.77 86,854.40 86,316.25 85,774.29 85,228.48 84,678.82 84,125.25 83,567.77 83,006.34 82,440.93 81,871.52 81,298.07 80,720.56 80,138.96 79,553.24 78,963.37 78,369.33 77,771.07 77,168.58 76,561.82 75,950.76 75,335.38 74,715.63 74,091.50 73,462.94 72,829.94 72,192.44 71,550.44 70,903.88 70,252.75 69,597.00 68,936.61 68,271.54 67,601.76 66,927.24 66,247.93 65,563.82 64,874.86 64,181.02 63,482.27 62,778.56 62,069.87 61,356.16 60,637.40 59,913.55 59,184.56 58,450.42 57,711.07 56,966.49 56,216.63 55,461.46 54,700.94 53,935.04 53,163.71 52,386.91 51,604.62 50,816.78 50,023.36 49,224.32 48,419.62 47,609.23 46,793.09 45,971.17 45,143.43 44,309.82 43,470.31 42,624.86 41,773.41 40,915.94 40,052.39 39,182.72 38,306.90 37,424.87 36,536.59 35,642.02 34,741.12 33,833.83 32,920.12 31,999.93 31,073.23 30,139.96 29,200.08 28,253.54 27,300.30 26,340.31 25,373.51 24,399.87 23,419.34 22,431.85 21,437.37 20,435.85 19,427.24 18,411.48 17,388.52 16,358.32 15,320.82 14,275.97 13,223.72 12,164.02 11,096.81 10,022.04 8,939.66 7,849.62 6,751.85 5,646.30 4,532.93 3,411.67 2,282.46 1,145.26 Plus Interest 1,062.50 1,061.86 1,061.21 1,060.56 1,059.90 1,059.24 1,058.57 1,057.90 1,057.22 1,056.54 1,055.85 1,055.16 1,054.47 1,053.77 1,053.06 1,052.35 1,051.64 1,050.92 1,050.19 1,049.46 1,048.72 1,047.98 1,047.23 1,046.48 1,045.73 1,044.96 1,044.20 1,043.42 1,042.64 1,041.86 1,041.07 1,040.27 1,039.47 1,038.67 1,037.85 1,037.04 1,036.21 1,035.38 1,034.55 1,033.70 1,032.86 1,032.00 1,031.14 1,030.28 1,029.41 1,028.53 1,027.64 1,026.75 1,025.86 1,024.95 1,024.04 1,023.13 1,022.20 1,021.27 1,020.34 1,019.40 1,018.45 1,017.49 1,016.53 1,015.56 1,014.58 1,013.60 1,012.61 1,011.61 1,010.61 1,009.60 1,008.58 1,007.55 1,006.52 1,005.48 1,004.43 1,003.38 1,002.32 1,001.25 1,000.17 999.08 997.99 996.89 995.78 994.67 993.54 992.41 991.27 990.12 988.96 987.80 986.63 985.45 984.26 983.06 981.85 980.64 979.41 978.18 976.94 975.69 974.43 973.17 971.89 970.60 969.31 968.01 966.69 965.37 964.04 962.70 961.35 959.99 958.62 957.24 955.85 954.45 953.04 951.62 950.19 948.75 947.30 945.84 944.37 942.89 941.40 939.90 938.39 936.87 935.33 933.79 932.23 930.67 929.09 927.50 925.90 924.29 922.67 921.03 919.39 917.73 916.06 914.38 912.69 910.98 909.26 907.53 905.79 904.04 902.27 900.50 898.70 896.90 895.08 893.25 891.41 889.56 887.69 885.81 883.91 882.00 880.08 878.14 876.19 874.23 872.25 870.26 868.26 866.24 864.20 862.16 860.09 858.01 855.92 853.82 851.69 849.56 847.41 845.24 843.06 840.86 838.64 836.41 834.17 831.91 829.63 827.34 825.03 822.70 820.36 818.00 815.63 813.23 810.82 808.40 805.95 803.49 801.02 798.52 796.01 793.47 790.93 788.36 785.77 783.17 780.55 777.91 775.25 772.57 769.87 767.15 764.42 761.66 758.89 756.09 753.28 750.45 747.59 744.72 741.82 738.91 735.97 733.02 730.04 727.04 724.02 720.98 717.92 714.83 711.73 708.60 705.45 702.27 699.08 695.86 692.62 689.36 686.07 682.76 679.43 676.07 672.69 669.28 665.85 662.40 658.92 655.42 651.89 648.34 644.76 641.16 637.53 633.88 630.20 626.49 622.76 619.00 615.22 611.41 607.57 603.70 599.81 595.89 591.94 587.96 583.96 579.92 575.86 571.77 567.65 563.50 559.32 555.12 550.88 546.61 542.31 537.98 533.63 529.24 524.81 520.36 515.88 511.36 506.82 502.24 497.62 492.98 488.30 483.59 478.85 474.07 469.26 464.41 459.53 454.62 449.67 444.68 439.66 434.61 429.51 424.39 419.22 414.02 408.79 403.51 398.20 392.85 387.47 382.04 376.58 371.07 365.53 359.95 354.33 348.67 342.97 337.23 331.45 325.63 319.77 313.86 307.91 301.93 295.90 289.82 283.70 277.54 271.34 265.09 258.80 252.46 246.08 239.66 233.18 226.67 220.10 213.49 206.83 200.13 193.38 186.58 179.73 172.83 165.89 158.89 151.85 144.75 137.61 130.41 123.17 115.87 108.52 101.12 93.67 86.16 78.60 70.99 63.32 55.60 47.83 39.99 32.11 24.17 16.17 8.11 Less Payment (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) (1,153.37) Ending Principal 149,909.13 149,817.62 149,725.45 149,632.64 149,539.17 149,445.03 149,350.23 149,254.76 149,158.61 149,061.78 148,964.26 148,866.06 148,767.15 148,667.55 148,567.24 148,466.22 148,364.49 148,262.03 148,158.85 148,054.94 147,950.29 147,844.90 147,738.77 147,631.88 147,524.24 147,415.83 147,306.66 147,196.71 147,085.98 146,974.47 146,862.17 146,749.07 146,635.17 146,520.47 146,404.95 146,288.62 146,171.46 146,053.47 145,934.65 145,814.98 145,694.46 145,573.10 145,450.87 145,327.78 145,203.81 145,078.97 144,953.24 144,826.62 144,699.11 144,570.69 144,441.36 144,311.12 144,179.95 144,047.86 143,914.82 143,780.85 143,645.93 143,510.05 143,373.21 143,235.40 143,096.61 142,956.84 142,816.08 142,674.33 142,531.57 142,387.80 142,243.01 142,097.19 141,950.34 141,802.45 141,653.52 141,503.53 141,352.47 141,200.35 141,047.15 140,892.86 140,737.48 140,581.00 140,423.41 140,264.71 140,104.88 139,943.92 139,781.82 139,618.57 139,454.17 139,288.60 139,121.85 138,953.93 138,784.82 138,614.51 138,442.99 138,270.26 138,096.30 137,921.11 137,744.68 137,567.00 137,388.07 137,207.86 137,026.38 136,843.61 136,659.55 136,474.19 136,287.51 136,099.51 135,910.18 135,719.50 135,527.48 135,334.10 135,139.34 134,943.21 134,745.69 134,546.76 134,346.43 134,144.68 133,941.51 133,736.89 133,530.82 133,323.29 133,114.30 132,903.82 132,691.85 132,478.38 132,263.40 132,046.90 131,828.86 131,609.28 131,388.14 131,165.43 130,941.15 130,715.28 130,487.81 130,258.73 130,028.02 129,795.69 129,561.70 129,326.06 129,088.75 128,849.76 128,609.07 128,366.68 128,122.58 127,876.74 127,629.17 127,379.84 127,128.74 126,875.87 126,621.20 126,364.73 126,106.44 125,846.33 125,584.37 125,320.55 125,054.87 124,787.31 124,517.84 124,246.48 123,973.19 123,697.96 123,420.78 123,141.64 122,860.53 122,577.42 122,292.30 122,005.17 121,716.00 121,424.79 121,131.51 120,836.15 120,538.71 120,239.15 119,937.48 119,633.66 119,327.70 119,019.57 118,709.25 118,396.74 118,082.01 117,765.06 117,445.85 117,124.39 116,800.65 116,474.62 116,146.28 115,815.61 115,482.60 115,147.23 114,809.49 114,469.35 114,126.81 113,781.84 113,434.42 113,084.54 112,732.19 112,377.34 112,019.97 111,660.08 111,297.63 110,932.62 110,565.03 110,194.82 109,822.00 109,446.54 109,068.41 108,687.61 108,304.11 107,917.89 107,528.94 107,137.24 106,742.75 106,345.48 105,945.39 105,542.46 105,136.69 104,728.03 104,316.49 103,902.03 103,484.63 103,064.27 102,640.94 102,214.61 101,785.26 101,352.87 100,917.42 100,478.88 100,037.23 99,592.46 99,144.54 98,693.44 98,239.15 97,781.64 97,320.89 96,856.88 96,389.57 95,918.96 95,445.02 94,967.72 94,487.04 94,002.95 93,515.43 93,024.46 92,530.02 92,032.07 91,530.59 91,025.56 90,516.96 90,004.75 89,488.91 88,969.42 88,446.25 87,919.38 87,388.77 86,854.40 86,316.25 85,774.29 85,228.48 84,678.82 84,125.25 83,567.77 83,006.34 82,440.93 81,871.52 81,298.07 80,720.56 80,138.96 79,553.24 78,963.37 78,369.33 77,771.07 77,168.58 76,561.82 75,950.76 75,335.38 74,715.63 74,091.50 73,462.94 72,829.94 72,192.44 71,550.44 70,903.88 70,252.75 69,597.00 68,936.61 68,271.54 67,601.76 66,927.24 66,247.93 65,563.82 64,874.86 64,181.02 63,482.27 62,778.56 62,069.87 61,356.16 60,637.40 59,913.55 59,184.56 58,450.42 57,711.07 56,966.49 56,216.63 55,461.46 54,700.94 53,935.04 53,163.71 52,386.91 51,604.62 50,816.78 50,023.36 49,224.32 48,419.62 47,609.23 46,793.09 45,971.17 45,143.43 44,309.82 43,470.31 42,624.86 41,773.41 40,915.94 40,052.39 39,182.72 38,306.90 37,424.87 36,536.59 35,642.02 34,741.12 33,833.83 32,920.12 31,999.93 31,073.23 30,139.96 29,200.08 28,253.54 27,300.30 26,340.31 25,373.51 24,399.87 23,419.34 22,431.85 21,437.37 20,435.85 19,427.24 18,411.48 17,388.52 16,358.32 15,320.82 14,275.97 13,223.72 12,164.02 11,096.81 10,022.04 8,939.66 7,849.62 6,751.85 5,646.30 4,532.93 3,411.67 2,282.46 1,145.26 (0.00)

Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360

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DOCUMENT INFO
Description: Simple Time Value of Money Template. Easy to use.