8. Amortization Schedules

8. Amortization Schedules, available at Free, has an average rating of 4.7, with 5 lectures, based on 5 reviews, and has 372 subscribers.

You will learn about You will be able to construct a full amortization schedule when required you will be able to jump into any row of an amortization schedule This course is ideal for individuals who are high school students interested in finance, or college or university students in a mathematics of finance course or a Business Program, or anybody who has a loan and is interested in how these calculations are determined, or any student who needs a refresher or a tutorial on the topic of amortization It is particularly useful for high school students interested in finance, or college or university students in a mathematics of finance course or a Business Program, or anybody who has a loan and is interested in how these calculations are determined, or any student who needs a refresher or a tutorial on the topic of amortization.

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Summary

Title: 8. Amortization Schedules

Price: Free

Average Rating: 4.7

Number of Lectures: 5

Number of Published Lectures: 5

Number of Curriculum Items: 5

Number of Published Curriculum Objects: 5

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Who Should Attend

Target Audiences

    This course will teach you how to prepare an amortization schedule for a loan. An amortization schedule is important to a person who has borrowed money as it clearly shows them the breakdown of each individual loan payment and how much of that payment is applied to the principal of the loan and how much is applied to the interest expense on the loan.

            Amortization of loans is a perfect example of an annuity where the amount of the loan is treated as the present value and the (annuity) payments are applied to the loan so as to reduce the loan to zero by the end of the payment period.

            You will also learn how to jump into an amortization schedule after any number of payments have been made and also how to determine the size of the final payment if it a payment that is not the same size as the regular payments. 

      You will be provided with a workbook within which to work on the examples. The workbook includes the examples that will be discussed during the video lectures and gives you the space to complete the examples.  You can use the completed workbook as your reference. 

      The course will take you about 2-3 hours to complete although this time will vary among different students. 

Course Curriculum

Chapter 1: My First Section

Lecture 1: Amortization – Workbook and Video Notes

Lecture 2: Amortization Schedules – Example 1

Lecture 3: Example 2

Lecture 4: Example 3

Lecture 5: Amortization – conclusion

Instructors

Helen Dakin
Learning & Development (L&D)

Rating Distribution

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