1000000 Cost of Machine Month

5 life in years 1
12% Interest rate 2
22024.21 Monthly rental payable in advance 3
4
Rs. -1,000,000.00 3.604776 5
6
7
3.7837157325 0.126825 1.056875 1.04964 8
9
10
11
12
Year principal Repay Int paid Annual Inst 13
1 1000000 155290.5 109000 264290.5 14
15
16
2 844709.5 174985.5 89305 264290.5 17
18
669724.1 197177.5 67113 264290.5 19
20
472546.6 222184.5 42106 264290.5 21
22
250362.1 250363.5 13927 264290.5 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
Principal Interest Repay
977975.8 9779.758 12244.45
965731.3 9657.313 12366.89
953364.5 9533.645 12490.56
940873.9 9408.739 12615.47
928258.4 9282.584 12741.62
915516.8 9155.168 12869.04
902647.8 9026.478 12997.73
889650 8896.5 13127.71
876522.3 8765.223 13258.98
863263.4 8632.634 13391.57
849871.8 8498.718 13525.49
836346.3 8363.463 13660.74
822685.5 8226.855 13797.35
808888.2 8088.882 13935.32
794952.9 7949.529 14074.68
780878.2 7808.782 14215.42
766662.8 7666.628 14357.58
752305.2 7523.052 14501.15
737804 7378.04 14646.17
723157.9 7231.579 14792.63
708365.3 7083.653 14940.55
693424.7 6934.247 15089.96
678334.7 6783.347 15240.86
663093.9 6630.939 15393.27
647700.6 6477.006 15547.2
632153.4 6321.534 15702.67
616450.7 6164.507 15859.7
600591 6005.91 16018.3
584572.8 5845.728 16178.48
568394.3 5683.943 16340.26
552054 5520.54 16503.67
535550.3 5355.503 16668.7
518881.6 5188.816 16835.39
502046.3 5020.463 17003.74
485042.5 4850.425 17173.78
467868.7 4678.687 17345.52
450523.2 4505.232 17518.97
433004.2 4330.042 17694.16
415310.1 4153.101 17871.1
397439 3974.39 18049.82
379389.2 3793.892 18230.31
361158.8 3611.588 18412.62
342746.2 3427.462 18596.74
324149.5 3241.495 18782.71
305366.8 3053.668 18970.54
286396.2 2863.962 19160.24
267236 2672.36 19351.85
247884.1 2478.841 19545.36
228338.8 2283.388 19740.82
208598 2085.98 19938.23
188659.7 1886.597 20137.61
168522.1 1685.221 20338.98
148183.1 1481.831 20542.37
127640.8 1276.408 20747.8
106893 1068.93 20955.28
85937.69 859.3769 21164.83
64772.86 647.7286 21376.48
43396.39 433.9639 21590.24
21806.14 218.0614 21806.14
A- Principal Rs. -179.21
R- Monthly Rental in advance 0.014167
r- Interest rate
n- no of years PV
1 6.3 6.3
2 6.3 6.211997
Rs. -2.37 3 6.3 6.125223
Rs. -1.0726 4 6.3 6.039661
5 6.3 5.955294
6 6.3 5.872106
7 6.3 5.79008
8 6.3 5.7092
9 6.3 5.629449
10 6.3 5.550813
11 6.3 5.473274
12 6.3 5.39682
13 6.3 5.321433
14 6.3 5.247099
15 6.3 5.173803
16 6.3 5.101531
17 6.3 5.030269
18 6.3 4.960003
19 6.3 4.890717
20 6.3 4.8224
21 6.3 4.755037
22 6.3 4.688615
23 6.3 4.623121
24 6.3 4.558541
25 6.3 4.494864
26 6.3 4.432076
27 6.3 4.370166
28 6.3 4.30912
29 6.3 4.248927
30 6.3 4.189574
31 6.3 4.131051
32 6.3 4.073346
33 6.3 4.016446
34 6.3 3.960341
35 6.3 3.90502
36 6.3 3.850472