1. Preferred stock has a dividend of $12 per year. The required return is 6%. Wh
ID: 2659993 • Letter: 1
Question
1. Preferred stock has a dividend of $12 per year. The required return is 6%. What should be the price per share?
2. Hurricane Corporation expects to grow its dividend by 5% per year. The current dividend is $2 per share. The required return is 8%.
A. What is the estimated value of a share of common stock?
B. If price is $40 and dividends were $1.50 per share but expected to grow at 4% per year, what would be the required rate of return?
3. Compute the expected return for the following investment
State of nature Probability Return
Boom 25% 20%
Average 60% 8%
Recession 15% 0%
4. The following are the expected returns on a portfolio of investments. What is the expected rate of return on the portfolio?
Investment # of shares Price per share Expected return
A. 2000 $20 10%
B. 3000 $10 15%
C. 1000 $15 8%
5. You take out a $200,000 mortgage for 30 years at 6%.
What is your monthly payment?
What is the principle and interest on the first payment?
What is the principle and interest on the twelfth payment?
How much interest will you pay over the 20 years?
6. You bought a house 8 years ago with a $250,000 mortgage. It was a 15 year loan with monthly payments which will pay off the loan when you make the last payment. The interest rate was 6%. What are your monthly payment and your current loan balance? How much interest will you pay in the upcoming year?
Explanation / Answer
1)
$200
From the information $12 is 6%
Therefore 1% is $2
And 100% is $200
2)
A. estimated value of a share of common stock = 2*1.05/(8%-5%) =$70
B. 40 = 1.5*1.04/(r-4%)
r =7.90%
required rate of return =7.90%
3)
E(R)= 0.25*20+0.6*8+0.15*0 =5.48
4)
B. 3000 $10 15%
5)
Monthly payment is = 1199.10
and here is you complete data for 30 years
Month / Year Payment Principal Paid Interest Paid Total Interest Balance
Sept. 2012 $1,199.10 $199.10 $1,000.00 $1,000.00 $199,800.90
Oct. 2012 $1,199.10 $200.10 $999.00 $1,999.00 $199,600.80
Nov. 2012 $1,199.10 $201.10 $998.00 $2,997.01 $199,399.71
Dec. 2012 $1,199.10 $202.10 $997.00 $3,994.01 $199,197.60
Jan. 2013 $1,199.10 $203.11 $995.99 $4,990.00 $198,994.49
Feb. 2013 $1,199.10 $204.13 $994.97 $5,984.97 $198,790.36
Mar. 2013 $1,199.10 $205.15 $993.95 $6,978.92 $198,585.21
April 2013 $1,199.10 $206.17 $992.93 $7,971.85 $198,379.04
May 2013 $1,199.10 $207.21 $991.90 $8,963.74 $198,171.83
June 2013 $1,199.10 $208.24 $990.86 $9,954.60 $197,963.59
July 2013 $1,199.10 $209.28 $989.82 $10,944.42 $197,754.31
Aug. 2013 $1,199.10 $210.33 $988.77 $11,933.19 $197,543.98
Sept. 2013 $1,199.10 $211.38 $987.72 $12,920.91 $197,332.60
Oct. 2013 $1,199.10 $212.44 $986.66 $13,907.57 $197,120.16
Nov. 2013 $1,199.10 $213.50 $985.60 $14,893.17 $196,906.66
Dec. 2013 $1,199.10 $214.57 $984.53 $15,877.71 $196,692.09
Jan. 2014 $1,199.10 $215.64 $983.46 $16,861.17 $196,476.45
Feb. 2014 $1,199.10 $216.72 $982.38 $17,843.55 $196,259.73
Mar. 2014 $1,199.10 $217.80 $981.30 $18,824.85 $196,041.93
April 2014 $1,199.10 $218.89 $980.21 $19,805.06 $195,823.04
May 2014 $1,199.10 $219.99 $979.12 $20,784.17 $195,603.05
June 2014 $1,199.10 $221.09 $978.02 $21,762.19 $195,381.96
July 2014 $1,199.10 $222.19 $976.91 $22,739.10 $195,159.77
Aug. 2014 $1,199.10 $223.30 $975.80 $23,714.90 $194,936.47
Sept. 2014 $1,199.10 $224.42 $974.68 $24,689.58 $194,712.05
Oct. 2014 $1,199.10 $225.54 $973.56 $25,663.14 $194,486.51
Nov. 2014 $1,199.10 $226.67 $972.43 $26,635.57 $194,259.84
Dec. 2014 $1,199.10 $227.80 $971.30 $27,606.87 $194,032.04
Jan. 2015 $1,199.10 $228.94 $970.16 $28,577.03 $193,803.10
Feb. 2015 $1,199.10 $230.09 $969.02 $29,546.05 $193,573.01
Mar. 2015 $1,199.10 $231.24 $967.87 $30,513.91 $193,341.78
April 2015 $1,199.10 $232.39 $966.71 $31,480.62 $193,109.39
May 2015 $1,199.10 $233.55 $965.55 $32,446.17 $192,875.83
June 2015 $1,199.10 $234.72 $964.38 $33,410.55 $192,641.11
July 2015 $1,199.10 $235.90 $963.21 $34,373.75 $192,405.22
Aug. 2015 $1,199.10 $237.07 $962.03 $35,335.78 $192,168.14
Sept. 2015 $1,199.10 $238.26 $960.84 $36,296.62 $191,929.88
Oct. 2015 $1,199.10 $239.45 $959.65 $37,256.27 $191,690.43
Nov. 2015 $1,199.10 $240.65 $958.45 $38,214.72 $191,449.78
Dec. 2015 $1,199.10 $241.85 $957.25 $39,171.97 $191,207.93
Jan. 2016 $1,199.10 $243.06 $956.04 $40,128.01 $190,964.87
Feb. 2016 $1,199.10 $244.28 $954.82 $41,082.83 $190,720.59
Mar. 2016 $1,199.10 $245.50 $953.60 $42,036.44 $190,475.09
April 2016 $1,199.10 $246.73 $952.38 $42,988.81 $190,228.37
May 2016 $1,199.10 $247.96 $951.14 $43,939.95 $189,980.41
June 2016 $1,199.10 $249.20 $949.90 $44,889.86 $189,731.21
July 2016 $1,199.10 $250.45 $948.66 $45,838.51 $189,480.76
Aug. 2016 $1,199.10 $251.70 $947.40 $46,785.92 $189,229.06
Sept. 2016 $1,199.10 $252.96 $946.15 $47,732.06 $188,976.11
Oct. 2016 $1,199.10 $254.22 $944.88 $48,676.94 $188,721.89
Nov. 2016 $1,199.10 $255.49 $943.61 $49,620.55 $188,466.40
Dec. 2016 $1,199.10 $256.77 $942.33 $50,562.88 $188,209.63
Jan. 2017 $1,199.10 $258.05 $941.05 $51,503.93 $187,951.57
Feb. 2017 $1,199.10 $259.34 $939.76 $52,443.69 $187,692.23
Mar. 2017 $1,199.10 $260.64 $938.46 $53,382.15 $187,431.59
April 2017 $1,199.10 $261.94 $937.16 $54,319.31 $187,169.65
May 2017 $1,199.10 $263.25 $935.85 $55,255.16 $186,906.40
June 2017 $1,199.10 $264.57 $934.53 $56,189.69 $186,641.83
July 2017 $1,199.10 $265.89 $933.21 $57,122.90 $186,375.94
Aug. 2017 $1,199.10 $267.22 $931.88 $58,054.78 $186,108.71
Sept. 2017 $1,199.10 $268.56 $930.54 $58,985.32 $185,840.16
Oct. 2017 $1,199.10 $269.90 $929.20 $59,914.52 $185,570.26
Nov. 2017 $1,199.10 $271.25 $927.85 $60,842.37 $185,299.01
Dec. 2017 $1,199.10 $272.61 $926.50 $61,768.87 $185,026.40
Jan. 2018 $1,199.10 $273.97 $925.13 $62,694.00 $184,752.43
Feb. 2018 $1,199.10 $275.34 $923.76 $63,617.76 $184,477.09
Mar. 2018 $1,199.10 $276.72 $922.39 $64,540.15 $184,200.38
April 2018 $1,199.10 $278.10 $921.00 $65,461.15 $183,922.28
May 2018 $1,199.10 $279.49 $919.61 $66,380.76 $183,642.79
June 2018 $1,199.10 $280.89 $918.21 $67,298.97 $183,361.90
July 2018 $1,199.10 $282.29 $916.81 $68,215.78 $183,079.61
Aug. 2018 $1,199.10 $283.70 $915.40 $69,131.18 $182,795.91
Sept. 2018 $1,199.10 $285.12 $913.98 $70,045.16 $182,510.78
Oct. 2018 $1,199.10 $286.55 $912.55 $70,957.72 $182,224.24
Nov. 2018 $1,199.10 $287.98 $911.12 $71,868.84 $181,936.26
Dec. 2018 $1,199.10 $289.42 $909.68 $72,778.52 $181,646.84
Jan. 2019 $1,199.10 $290.87 $908.23 $73,686.75 $181,355.97
Feb. 2019 $1,199.10 $292.32 $906.78 $74,593.53 $181,063.65
Mar. 2019 $1,199.10 $293.78 $905.32 $75,498.85 $180,769.87
April 2019 $1,199.10 $295.25 $903.85 $76,402.70 $180,474.62
May 2019 $1,199.10 $296.73 $902.37 $77,305.07 $180,177.89
June 2019 $1,199.10 $298.21 $900.89 $78,205.96 $179,879.68
July 2019 $1,199.10 $299.70 $899.40 $79,105.36 $179,579.97
Aug. 2019 $1,199.10 $301.20 $897.90 $80,003.26 $179,278.77
Sept. 2019 $1,199.10 $302.71 $896.39 $80,899.65 $178,976.06
Oct. 2019 $1,199.10 $304.22 $894.88 $81,794.53 $178,671.84
Nov. 2019 $1,199.10 $305.74 $893.36 $82,687.89 $178,366.10
Dec. 2019 $1,199.10 $307.27 $891.83 $83,579.72 $178,058.83
Jan. 2020 $1,199.10 $308.81 $890.29 $84,470.02 $177,750.02
Feb. 2020 $1,199.10 $310.35 $888.75 $85,358.77 $177,439.67
Mar. 2020 $1,199.10 $311.90 $887.20 $86,245.97 $177,127.77
April 2020 $1,199.10 $313.46 $885.64 $87,131.61 $176,814.31
May 2020 $1,199.10 $315.03 $884.07 $88,015.68 $176,499.28
June 2020 $1,199.10 $316.60 $882.50 $88,898.17 $176,182.67
July 2020 $1,199.10 $318.19 $880.91 $89,779.09 $175,864.49
Aug. 2020 $1,199.10 $319.78 $879.32 $90,658.41 $175,544.71
Sept. 2020 $1,199.10 $321.38 $877.72 $91,536.13 $175,223.33
Oct. 2020 $1,199.10 $322.98 $876.12 $92,412.25 $174,900.35
Nov. 2020 $1,199.10 $324.60 $874.50 $93,286.75 $174,575.75
Dec. 2020 $1,199.10 $326.22 $872.88 $94,159.63 $174,249.52
Jan. 2021 $1,199.10 $327.85 $871.25 $95,030.88 $173,921.67
Feb. 2021 $1,199.10 $329.49 $869.61 $95,900.49 $173,592.18
Mar. 2021 $1,199.10 $331.14 $867.96 $96,768.45 $173,261.04
April 2021 $1,199.10 $332.80 $866.31 $97,634.75 $172,928.24
May 2021 $1,199.10 $334.46 $864.64 $98,499.39 $172,593.78
June 2021 $1,199.10 $336.13 $862.97 $99,362.36 $172,257.65
July 2021 $1,199.10 $337.81 $861.29 $100,223.65 $171,919.84
Aug. 2021 $1,199.10 $339.50 $859.60 $101,083.25 $171,580.34
Sept. 2021 $1,199.10 $341.20 $857.90 $101,941.15 $171,239.14
Oct. 2021 $1,199.10 $342.91 $856.20 $102,797.35 $170,896.23
Nov. 2021 $1,199.10 $344.62 $854.48 $103,651.83 $170,551.61
Dec. 2021 $1,199.10 $346.34 $852.76 $104,504.59 $170,205.27
Jan. 2022 $1,199.10 $348.07 $851.03 $105,355.61 $169,857.19
Feb. 2022 $1,199.10 $349.82 $849.29 $106,204.90 $169,507.38
Mar. 2022 $1,199.10 $351.56 $847.54 $107,052.44 $169,155.81
April 2022 $1,199.10 $353.32 $845.78 $107,898.21 $168,802.49
May 2022 $1,199.10 $355.09 $844.01 $108,742.23 $168,447.40
June 2022 $1,199.10 $356.86 $842.24 $109,584.46 $168,090.54
July 2022 $1,199.10 $358.65 $840.45 $110,424.92 $167,731.89
Aug. 2022 $1,199.10 $360.44 $838.66 $111,263.58 $167,371.45
Sept. 2022 $1,199.10 $362.24 $836.86 $112,100.43 $167,009.21
Oct. 2022 $1,199.10 $364.06 $835.05 $112,935.48 $166,645.15
Nov. 2022 $1,199.10 $365.88 $833.23 $113,768.70 $166,279.28
Dec. 2022 $1,199.10 $367.70 $831.40 $114,600.10 $165,911.57
Jan. 2023 $1,199.10 $369.54 $829.56 $115,429.66 $165,542.03
Feb. 2023 $1,199.10 $371.39 $827.71 $116,257.37 $165,170.64
Mar. 2023 $1,199.10 $373.25 $825.85 $117,083.22 $164,797.39
April 2023 $1,199.10 $375.11 $823.99 $117,907.21 $164,422.28
May 2023 $1,199.10 $376.99 $822.11 $118,729.32 $164,045.29
June 2023 $1,199.10 $378.87 $820.23 $119,549.55 $163,666.41
July 2023 $1,199.10 $380.77 $818.33 $120,367.88 $163,285.64
Aug. 2023 $1,199.10 $382.67 $816.43 $121,184.31 $162,902.97
Sept. 2023 $1,199.10 $384.59 $814.51 $121,998.82 $162,518.38
Oct. 2023 $1,199.10 $386.51 $812.59 $122,811.41 $162,131.87
Nov. 2023 $1,199.10 $388.44 $810.66 $123,622.07 $161,743.43
Dec. 2023 $1,199.10 $390.38 $808.72 $124,430.79 $161,353.05
Jan. 2024 $1,199.10 $392.34 $806.77 $125,237.56 $160,960.71
Feb. 2024 $1,199.10 $394.30 $804.80 $126,042.36 $160,566.41
Mar. 2024 $1,199.10 $396.27 $802.83 $126,845.19 $160,170.15
April 2024 $1,199.10 $398.25 $800.85 $127,646.04 $159,771.90
May 2024 $1,199.10 $400.24 $798.86 $128,444.90 $159,371.65
June 2024 $1,199.10 $402.24 $796.86 $129,241.76 $158,969.41
July 2024 $1,199.10 $404.25 $794.85 $130,036.61 $158,565.16
Aug. 2024 $1,199.10 $406.28 $792.83 $130,829.43 $158,158.88
Sept. 2024 $1,199.10 $408.31 $790.79 $131,620.23 $157,750.58
Oct. 2024 $1,199.10 $410.35 $788.75 $132,408.98 $157,340.23
Nov. 2024 $1,199.10 $412.40 $786.70 $133,195.68 $156,927.83
Dec. 2024 $1,199.10 $414.46 $784.64 $133,980.32 $156,513.37
Jan. 2025 $1,199.10 $416.53 $782.57 $134,762.89 $156,096.83
Feb. 2025 $1,199.10 $418.62 $780.48 $135,543.37 $155,678.21
Mar. 2025 $1,199.10 $420.71 $778.39 $136,321.76 $155,257.50
April 2025 $1,199.10 $422.81 $776.29 $137,098.05 $154,834.69
May 2025 $1,199.10 $424.93 $774.17 $137,872.22 $154,409.76
June 2025 $1,199.10 $427.05 $772.05 $138,644.27 $153,982.71
July 2025 $1,199.10 $429.19 $769.91 $139,414.19 $153,553.52
Aug. 2025 $1,199.10 $431.33 $767.77 $140,181.95 $153,122.19
Sept. 2025 $1,199.10 $433.49 $765.61 $140,947.56 $152,688.70
Oct. 2025 $1,199.10 $435.66 $763.44 $141,711.01 $152,253.04
Nov. 2025 $1,199.10 $437.84 $761.27 $142,472.27 $151,815.21
Dec. 2025 $1,199.10 $440.03 $759.08 $143,231.35 $151,375.18
Jan. 2026 $1,199.10 $442.23 $756.88 $143,988.23 $150,932.96
Feb. 2026 $1,199.10 $444.44 $754.66 $144,742.89 $150,488.52
Mar. 2026 $1,199.10 $446.66 $752.44 $145,495.33 $150,041.86
April 2026 $1,199.10 $448.89 $750.21 $146,245.54 $149,592.97
May 2026 $1,199.10 $451.14 $747.96 $146,993.51 $149,141.83
June 2026 $1,199.10 $453.39 $745.71 $147,739.22 $148,688.44
July 2026 $1,199.10 $455.66 $743.44 $148,482.66 $148,232.78
Aug. 2026 $1,199.10 $457.94 $741.16 $149,223.82 $147,774.85
Sept. 2026 $1,199.10 $460.23 $738.87 $149,962.70 $147,314.62
Oct. 2026 $1,199.10 $462.53 $736.57 $150,699.27 $146,852.09
Nov. 2026 $1,199.10 $464.84 $734.26 $151,433.53 $146,387.25
Dec. 2026 $1,199.10 $467.16 $731.94 $152,165.47 $145,920.09
Jan. 2027 $1,199.10 $469.50 $729.60 $152,895.07 $145,450.58
Feb. 2027 $1,199.10 $471.85 $727.25 $153,622.32 $144,978.74
Mar. 2027 $1,199.10 $474.21 $724.89 $154,347.21 $144,504.53
April 2027 $1,199.10 $476.58 $722.52 $155,069.74 $144,027.95
May 2027 $1,199.10 $478.96 $720.14 $155,789.88 $143,548.99
June 2027 $1,199.10 $481.36 $717.74 $156,507.62 $143,067.63
July 2027 $1,199.10 $483.76 $715.34 $157,222.96 $142,583.87
Aug. 2027 $1,199.10 $486.18 $712.92 $157,935.88 $142,097.69
Sept. 2027 $1,199.10 $488.61 $710.49 $158,646.37 $141,609.08
Oct. 2027 $1,199.10 $491.06 $708.05 $159,354.41 $141,118.02
Nov. 2027 $1,199.10 $493.51 $705.59 $160,060.00 $140,624.51
Dec. 2027 $1,199.10 $495.98 $703.12 $160,763.12 $140,128.53
Jan. 2028 $1,199.10 $498.46 $700.64 $161,463.77 $139,630.07
Feb. 2028 $1,199.10 $500.95 $698.15 $162,161.92 $139,129.12
Mar. 2028 $1,199.10 $503.46 $695.65 $162,857.56 $138,625.67
April 2028 $1,199.10 $505.97 $693.13 $163,550.69 $138,119.69
May 2028 $1,199.10 $508.50 $690.60 $164,241.29 $137,611.19
June 2028 $1,199.10 $511.05 $688.06 $164,929.35 $137,100.15
July 2028 $1,199.10 $513.60 $685.50 $165,614.85 $136,586.55
Aug. 2028 $1,199.10 $516.17 $682.93 $166,297.78 $136,070.38
Sept. 2028 $1,199.10 $518.75 $680.35 $166,978.13 $135,551.63
Oct. 2028 $1,199.10 $521.34 $677.76 $167,655.89 $135,030.29
Nov. 2028 $1,199.10 $523.95 $675.15 $168,331.04 $134,506.34
Dec. 2028 $1,199.10 $526.57 $672.53 $169,003.57 $133,979.77
Jan. 2029 $1,199.10 $529.20 $669.90 $169,673.47 $133,450.56
Feb. 2029 $1,199.10 $531.85 $667.25 $170,340.72 $132,918.72
Mar. 2029 $1,199.10 $534.51 $664.59 $171,005.32 $132,384.21
April 2029 $1,199.10 $537.18 $661.92 $171,667.24 $131,847.03
May 2029 $1,199.10 $539.87 $659.24 $172,326.47 $131,307.16
June 2029 $1,199.10 $542.57 $656.54 $172,983.01 $130,764.60
July 2029 $1,199.10 $545.28 $653.82 $173,636.83 $130,219.32
Aug. 2029 $1,199.10 $548.00 $651.10 $174,287.93 $129,671.31
Sept. 2029 $1,199.10 $550.74 $648.36 $174,936.29 $129,120.57
Oct. 2029 $1,199.10 $553.50 $645.60 $175,581.89 $128,567.07
Nov. 2029 $1,199.10 $556.27 $642.84 $176,224.72 $128,010.81
Dec. 2029 $1,199.10 $559.05 $640.05 $176,864.78 $127,451.76
Jan. 2030 $1,199.10 $561.84 $637.26 $177,502.04 $126,889.92
Feb. 2030 $1,199.10 $564.65 $634.45 $178,136.49 $126,325.27
Mar. 2030 $1,199.10 $567.47 $631.63 $178,768.11 $125,757.79
April 2030 $1,199.10 $570.31 $628.79 $179,396.90 $125,187.48
May 2030 $1,199.10 $573.16 $625.94 $180,022.84 $124,614.32
June 2030 $1,199.10 $576.03 $623.07 $180,645.91 $124,038.29
July 2030 $1,199.10 $578.91 $620.19 $181,266.10 $123,459.38
Aug. 2030 $1,199.10 $581.80 $617.30 $181,883.40 $122,877.57
Sept. 2030 $1,199.10 $584.71 $614.39 $182,497.79 $122,292.86
Oct. 2030 $1,199.10 $587.64 $611.46 $183,109.25 $121,705.22
Nov. 2030 $1,199.10 $590.57 $608.53 $183,717.78 $121,114.65
Dec. 2030 $1,199.10 $593.53 $605.57 $184,323.35 $120,521.12
Jan. 2031 $1,199.10 $596.50 $602.61 $184,925.96 $119,924.62
Feb. 2031 $1,199.10 $599.48 $599.62 $185,525.58 $119,325.15
Mar. 2031 $1,199.10 $602.48 $596.63 $186,122.20 $118,722.67
April 2031 $1,199.10 $605.49 $593.61 $186,715.82 $118,117.18
May 2031 $1,199.10 $608.52 $590.59 $187,306.40 $117,508.67
June 2031 $1,199.10 $611.56 $587.54 $187,893.95 $116,897.11
July 2031 $1,199.10 $614.62 $584.49 $188,478.43 $116,282.49
Aug. 2031 $1,199.10 $617.69 $581.41 $189,059.85 $115,664.81
Sept. 2031 $1,199.10 $620.78 $578.32 $189,638.17 $115,044.03
Oct. 2031 $1,199.10 $623.88 $575.22 $190,213.39 $114,420.15
Nov. 2031 $1,199.10 $627.00 $572.10 $190,785.49 $113,793.15
Dec. 2031 $1,199.10 $630.14 $568.97 $191,354.46 $113,163.01
Jan. 2032 $1,199.10 $633.29 $565.82 $191,920.27 $112,529.73
Feb. 2032 $1,199.10 $636.45 $562.65 $192,482.92 $111,893.27
Mar. 2032 $1,199.10 $639.63 $559.47 $193,042.39 $111,253.64
April 2032 $1,199.10 $642.83 $556.27 $193,598.65 $110,610.81
May 2032 $1,199.10 $646.05 $553.05 $194,151.71 $109,964.76
June 2032 $1,199.10 $649.28 $549.82 $194,701.53 $109,315.48
July 2032 $1,199.10 $652.52 $546.58 $195,248.11 $108,662.96
Aug. 2032 $1,199.10 $655.79 $543.31 $195,791.42 $108,007.17
Sept. 2032 $1,199.10 $659.07 $540.04 $196,331.46 $107,348.11
Oct. 2032 $1,199.10 $662.36 $536.74 $196,868.20 $106,685.75
Nov. 2032 $1,199.10 $665.67 $533.43 $197,401.63 $106,020.07
Dec. 2032 $1,199.10 $669.00 $530.10 $197,931.73 $105,351.07
Jan. 2033 $1,199.10 $672.35 $526.76 $198,458.49 $104,678.73
Feb. 2033 $1,199.10 $675.71 $523.39 $198,981.88 $104,003.02
Mar. 2033 $1,199.10 $679.09 $520.02 $199,501.89 $103,323.93
April 2033 $1,199.10 $682.48 $516.62 $200,018.51 $102,641.45
May 2033 $1,199.10 $685.89 $513.21 $200,531.72 $101,955.56
June 2033 $1,199.10 $689.32 $509.78 $201,041.50 $101,266.24
July 2033 $1,199.10 $692.77 $506.33 $201,547.83 $100,573.47
Aug. 2033 $1,199.10 $696.23 $502.87 $202,050.70 $99,877.23
Sept. 2033 $1,199.10 $699.71 $499.39 $202,550.08 $99,177.52
Oct. 2033 $1,199.10 $703.21 $495.89 $203,045.97 $98,474.30
Nov. 2033 $1,199.10 $706.73 $492.37 $203,538.34 $97,767.57
Dec. 2033 $1,199.10 $710.26 $488.84 $204,027.18 $97,057.31
Jan. 2034 $1,199.10 $713.81 $485.29 $204,512.47 $96,343.50
Feb. 2034 $1,199.10 $717.38 $481.72 $204,994.18 $95,626.11
Mar. 2034 $1,199.10 $720.97 $478.13 $205,472.32 $94,905.14
April 2034 $1,199.10 $724.58 $474.53 $205,946.84 $94,180.57
May 2034 $1,199.10 $728.20 $470.90 $206,417.74 $93,452.37
June 2034 $1,199.10 $731.84 $467.26 $206,885.01 $92,720.53
July 2034 $1,199.10 $735.50 $463.60 $207,348.61 $91,985.03
Aug. 2034 $1,199.10 $739.18 $459.93 $207,808.53 $91,245.86
Sept. 2034 $1,199.10 $742.87 $456.23 $208,264.76 $90,502.98
Oct. 2034 $1,199.10 $746.59 $452.51 $208,717.28 $89,756.40
Nov. 2034 $1,199.10 $750.32 $448.78 $209,166.06 $89,006.08
Dec. 2034 $1,199.10 $754.07 $445.03 $209,611.09 $88,252.01
Jan. 2035 $1,199.10 $757.84 $441.26 $210,052.35 $87,494.17
Feb. 2035 $1,199.10 $761.63 $437.47 $210,489.82 $86,732.54
Mar. 2035 $1,199.10 $765.44 $433.66 $210,923.48 $85,967.10
April 2035 $1,199.10 $769.27 $429.84 $211,353.32 $85,197.83
May 2035 $1,199.10 $773.11 $425.99 $211,779.31 $84,424.72
June 2035 $1,199.10 $776.98 $422.12 $212,201.43 $83,647.74
July 2035 $1,199.10 $780.86 $418.24 $212,619.67 $82,866.88
Aug. 2035 $1,199.10 $784.77 $414.33 $213,034.00 $82,082.12
Sept. 2035 $1,199.10 $788.69 $410.41 $213,444.42 $81,293.42
Oct. 2035 $1,199.10 $792.63 $406.47 $213,850.88 $80,500.79
Nov. 2035 $1,199.10 $796.60 $402.50 $214,253.39 $79,704.19
Dec. 2035 $1,199.10 $800.58 $398.52 $214,651.91 $78,903.61
Jan. 2036 $1,199.10 $804.58 $394.52 $215,046.43 $78,099.03
Feb. 2036 $1,199.10 $808.61 $390.50 $215,436.92 $77,290.42
Mar. 2036 $1,199.10 $812.65 $386.45 $215,823.37 $76,477.78
April 2036 $1,199.10 $816.71 $382.39 $216,205.76 $75,661.06
May 2036 $1,199.10 $820.80 $378.31 $216,584.07 $74,840.27
June 2036 $1,199.10 $824.90 $374.20 $216,958.27 $74,015.37
July 2036 $1,199.10 $829.02 $370.08 $217,328.35 $73,186.34
Aug. 2036 $1,199.10 $833.17 $365.93 $217,694.28 $72,353.17
Sept. 2036 $1,199.10 $837.34 $361.77 $218,056.04 $71,515.84
Oct. 2036 $1,199.10 $841.52 $357.58 $218,413.62 $70,674.32
Nov. 2036 $1,199.10 $845.73 $353.37 $218,766.99 $69,828.59
Dec. 2036 $1,199.10 $849.96 $349.14 $219,116.14 $68,978.63
Jan. 2037 $1,199.10 $854.21 $344.89 $219,461.03 $68,124.42
Feb. 2037 $1,199.10 $858.48 $340.62 $219,801.65 $67,265.94
Mar. 2037 $1,199.10 $862.77 $336.33 $220,137.98 $66,403.17
April 2037 $1,199.10 $867.09 $332.02 $220,470.00 $65,536.09
May 2037 $1,199.10 $871.42 $327.68 $220,797.68 $64,664.67
June 2037 $1,199.10 $875.78 $323.32 $221,121.00 $63,788.89
July 2037 $1,199.10 $880.16 $318.94 $221,439.95 $62,908.73
Aug. 2037 $1,199.10 $884.56 $314.54 $221,754.49 $62,024.17
Sept. 2037 $1,199.10 $888.98 $310.12 $222,064.61 $61,135.19
Oct. 2037 $1,199.10 $893.43 $305.68 $222,370.29 $60,241.77
Nov. 2037 $1,199.10 $897.89 $301.21 $222,671.50 $59,343.88
Dec. 2037 $1,199.10 $902.38 $296.72 $222,968.21 $58,441.50
Jan. 2038 $1,199.10 $906.89 $292.21 $223,260.42 $57,534.60
Feb. 2038 $1,199.10 $911.43 $287.67 $223,548.09 $56,623.17
Mar. 2038 $1,199.10 $915.99 $283.12 $223,831.21 $55,707.19
April 2038 $1,199.10 $920.57 $278.54 $224,109.75 $54,786.62
May 2038 $1,199.10 $925.17 $273.93 $224,383.68 $53,861.46
June 2038 $1,199.10 $929.79 $269.31 $224,652.99 $52,931.66
July 2038 $1,199.10 $934.44 $264.66 $224,917.65 $51,997.22
Aug. 2038 $1,199.10 $939.11 $259.99 $225,177.63 $51,058.10
Sept. 2038 $1,199.10 $943.81 $255.29 $225,432.92 $50,114.29
Oct. 2038 $1,199.10 $948.53 $250.57 $225,683.49 $49,165.76
Nov. 2038 $1,199.10 $953.27 $245.83 $225,929.32 $48,212.49
Dec. 2038 $1,199.10 $958.04 $241.06 $226,170.38 $47,254.45
Jan. 2039 $1,199.10 $962.83 $236.27 $226,406.66 $46,291.62
Feb. 2039 $1,199.10 $967.64 $231.46 $226,638.12 $45,323.98
Mar. 2039 $1,199.10 $972.48 $226.62 $226,864.74 $44,351.50
April 2039 $1,199.10 $977.34 $221.76 $227,086.49 $43,374.16
May 2039 $1,199.10 $982.23 $216.87 $227,303.36 $42,391.93
June 2039 $1,199.10 $987.14 $211.96 $227,515.32 $41,404.78
July 2039 $1,199.10 $992.08 $207.02 $227,722.35 $40,412.71
Aug. 2039 $1,199.10 $997.04 $202.06 $227,924.41 $39,415.67
Sept. 2039 $1,199.10 $1,002.02 $197.08 $228,121.49 $38,413.65
Oct. 2039 $1,199.10 $1,007.03 $192.07 $228,313.56 $37,406.61
Nov. 2039 $1,199.10 $1,012.07 $187.03 $228,500.59 $36,394.55
Dec. 2039 $1,199.10 $1,017.13 $181.97 $228,682.56 $35,377.42
Jan. 2040 $1,199.10 $1,022.21 $176.89 $228,859.45 $34,355.20
Feb. 2040 $1,199.10 $1,027.33 $171.78 $229,031.23 $33,327.88
Mar. 2040 $1,199.10 $1,032.46 $166.64 $229,197.87 $32,295.42
April 2040 $1,199.10 $1,037.62 $161.48 $229,359.34 $31,257.79
May 2040 $1,199.10 $1,042.81 $156.29 $229,515.63 $30,214.98
June 2040 $1,199.10 $1,048.03 $151.07 $229,666.71 $29,166.96
July 2040 $1,199.10 $1,053.27 $145.83 $229,812.54 $28,113.69
Aug. 2040 $1,199.10 $1,058.53 $140.57 $229,953.11 $27,055.16
Sept. 2040 $1,199.10 $1,063.83 $135.28 $230,088.39 $25,991.33
Oct. 2040 $1,199.10 $1,069.14 $129.96 $230,218.34 $24,922.19
Nov. 2040 $1,199.10 $1,074.49 $124.61 $230,342.95 $23,847.70
Dec. 2040 $1,199.10 $1,079.86 $119.24 $230,462.19 $22,767.83
Jan. 2041 $1,199.10 $1,085.26 $113.84 $230,576.03 $21,682.57
Feb. 2041 $1,199.10 $1,090.69 $108.41 $230,684.44 $20,591.88
Mar. 2041 $1,199.10 $1,096.14 $102.96 $230,787.40 $19,495.74
April 2041 $1,199.10 $1,101.62 $97.48 $230,884.88 $18,394.12
May 2041 $1,199.10 $1,107.13 $91.97 $230,976.85 $17,286.99
June 2041 $1,199.10 $1,112.67 $86.43 $231,063.29 $16,174.32
July 2041 $1,199.10 $1,118.23 $80.87 $231,144.16 $15,056.09
Aug. 2041 $1,199.10 $1,123.82 $75.28 $231,219.44 $13,932.27
Sept. 2041 $1,199.10 $1,129.44 $69.66 $231,289.10 $12,802.83
Oct. 2041 $1,199.10 $1,135.09 $64.01 $231,353.11 $11,667.75
Nov. 2041 $1,199.10 $1,140.76 $58.34 $231,411.45 $10,526.98
Dec. 2041 $1,199.10 $1,146.47 $52.63 $231,464.09 $9,380.52
Jan. 2042 $1,199.10 $1,152.20 $46.90 $231,510.99 $8,228.32
Feb. 2042 $1,199.10 $1,157.96 $41.14 $231,552.13 $7,070.36
Mar. 2042 $1,199.10 $1,163.75 $35.35 $231,587.48 $5,906.61
April 2042 $1,199.10 $1,169.57 $29.53 $231,617.02 $4,737.04
May 2042 $1,199.10 $1,175.42 $23.69 $231,640.70 $3,561.63
June 2042 $1,199.10 $1,181.29 $17.81 $231,658.51 $2,380.33
July 2042 $1,199.10 $1,187.20 $11.90 $231,670.41 $1,193.14
Aug. 2042 $1,199.10 $1,193.14 $5.97 $231,676.38 $0.00
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.