Comprehensive Guide to Amortization Schedules for Bonds
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Amortization Schedule
Date
Interest Payments (3.5%)
Interest Expense (4%)
Amortization
Carrying Amount
01/01/2013
649,640.00
06/01/2013
24,395.00
25,985.60
1,590.60
651,230.60
12/31/13
24,395.00
26,049.22
1,654.22
652,884.82
07/01/2014
24,395.00
26,115.
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