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Sample Notes Receivable Problems Excel

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7 views

Sample Notes Receivable Problems Excel

Uploaded by

2023303601
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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INTEREST RATE

PERIOD
INSTALLMENT PAYMENT
AFTER 10 YEARS
1.10 divide divide then click equal 6 times then minus 1 then equal then divide 10%
disregard the negative sign then increase the value by 1 then multiply by the annual

-4.355263

4.355263
1

5.355263

Date Collections

Jan-01
Jan-01 600,000
Dec-31 600,000

600,000 x 6 years

PV

UNEARNED INTEREST INCOM


6 times then minus 1 then equal then divide 10% then equal
ease the value by 1 then multiply by the annual cash flow

3,213,158

Interest Income Amortization Present Value


(PV x Effective Interest rate (Collections minus Interest Income (PV Minus Amortization)

3,213,158.00
2,613,158.00
261,216 338,784.00 2,274,374.00

3,600,000

2,613,158

986,842.00
1.07 divide divide then equal 10 times then minus 1 then equal then divide 7% then equal
disregard the negative sign then multiply by the annual cash flow

7.0233589 * 500,000

3,511,795

Date Collections Interest Income


(PV x Effective Interest rate

Dec 31, 2021


Dec 31, 2022 500,000 245826
Dec 31, 2023 500,000 228,033
Dec 31, 2024 500,000 208996
Dec 31, 2025 500,000 188626
en divide 7% then equal

Amortization Present Value/CA


(Collections minus Inte(PV Minus Amortization)

3,511,795.00
254174 3,257,621.00
271,967 2,985,654.00
291004 2,694,650.00
311374 2,383,276.00
195652
1.15 DIVIDE DIVIDE THEN CLICK EQUAL 3 TIMES THEN MULTIPLY BY THE LUMP

0.657516 * 3,000,0000

1,972,548

Date Interest Income


(PV x Effective Interest ra

January 1, 2021
Dec 31, 2021 295,882
Dec 31, 2022 340,265
Dec 31, 2023 391,304

3,000,000

PV 1,972,548

UI 1,027,452.00
HEN MULTIPLY BY THE LUMPSUM

Unearned Interest Present Value


Previous Balance (UI) minus Interest Income Previous Bal (PV) + Interest Income

1,027,542 1,972,548.00
731660 2,268,430.00
391,395 2,608,695.00

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