The document outlines the terms of a $1,000,000 loan with a 2% monthly interest rate over 12 monthly periods. It shows the monthly fixed payment of $94,317.79, the interest charged each period, the remaining balance, and the amount applied to principal each month, with the balance paid off by the final period.
The document outlines the terms of a $1,000,000 loan with a 2% monthly interest rate over 12 monthly periods. It shows the monthly fixed payment of $94,317.79, the interest charged each period, the remaining balance, and the amount applied to principal each month, with the balance paid off by the final period.
The document outlines the terms of a $1,000,000 loan with a 2% monthly interest rate over 12 monthly periods. It shows the monthly fixed payment of $94,317.79, the interest charged each period, the remaining balance, and the amount applied to principal each month, with the balance paid off by the final period.
The document outlines the terms of a $1,000,000 loan with a 2% monthly interest rate over 12 monthly periods. It shows the monthly fixed payment of $94,317.79, the interest charged each period, the remaining balance, and the amount applied to principal each month, with the balance paid off by the final period.
