Principal =R×(n-year annuity present value coefficient)

R= principal /(n-year annuity present value coefficient)

Second, the determination of the principal part and interest part of the annual repayment amount

Interest part = balance of principal at the beginning of the year × interest rate

Principal part = annual repayment amount-interest part

Three. Loan installment repayment schedule.

Schedule of principal and interest required to repay the loan on schedule.

Suppose a company borrows 100000 yuan with an annual interest rate of 8%, which must be paid off within five years. Then the annual repayment amount is:100000 ÷ (P/A, 8%, 5) =1000000 ÷3.993 = 25044 yuan.

The installment schedule is as follows: Unit: repayment (Rt), interest payment (Bt) and principal repayment (Ct) in the first year (T), principal balance (DT) 0-10000012504480001704482. 637 18 408 64 548 3 25 044 5 164 19 880 44 668 4 25 044 3 573 2 1 47 1 23 197 5 25 044 1 856 23 198