Amortization Schedule

Find a home that you would like to buy.
Use Google, Zillow, Realtor.com, or another real estate site to find a home. Make sure to include the link for the
home in your discussion post.
Next, prepare an Amortization Schedule for this home. I expect the amortization schedule to be completed in
Excel with all work shown in Excel. Thus, I should be able to click on any cell and see your work embedded in
that cell. If this is not done, it will be an automatic 50% deduction.
Assume you pay the full asking price and make a 20% down-payment. Do not use an online amortization
schedule. I will only give you credit if you create your own amortization table. Use page 225 of your textbook as
a guide.
Note the textbook amortization schedule is using an annual payment. Please complete your schedule for both
180 months (15 years) and 360 months (30 years).
Find the appropriate interest rate for your area at Bankrate. Remember to divide your interest by 12 to get a
monthly rate.
After completing the amortization schedule, attach your amortization sheet to a new post and discuss what you
found. How much interest will you pay over the life of each loan? You can determine this by summing all the
payments and subtracting the amount borrowed.

Sample Solution

In the 1960’s, George Carlin, a once straight laced, suit and tie stand up comic, was arrested alongside Lenny Bruce. Carlin and Bruce shared a ride to the station and when Carlin returned to work, he wasn’t the same. Carlin had adopted the philosophy that a comic’s job was to find the line and wildly leap across it. This philosophy is what lead up to the famous “obscenity vs indecent” case known as FCC vs. Pacifica. Carlin had a segment referred to as “dirty words” that lasted approximately 12 minutes and included many explicit terms typically thought of as “dirty”. After performing this segment in Milwaukee, Carlin was arrested July 1972 for disobeying obscenity laws but the case was later dismissed citing that Carlin’s language was indecent but not obscene. A little over a year later, Carlin’s “dirty words” segment was played on a Pacifica affiliate radio at around 2:00p. John H. Douglas heard the segment while driving home that afternoon. Douglass complained to the FCC since his 15 year old son was in the car when the segment started and he was offended that his son had been exposed to such crass language. In his letter, Douglass lamented the fact that this “obscene language” was played at a peak time of day when any unsuspecting child could accidentally tune in and be exposed to it. Thus began the FCC vs. Pacifica trial. While this was the only recorded complaint Pacifica received, the FCC looked into Douglass’ complaint and in 15 months gave a ruling.

Initially, the FCC reprimanded Pacifica for allowing an “obscene” segment to be aired on the radio at a peak time of the day. The FCC argued that the language used in Carlin’s segment was offensive, though the FCC did not believe it was obscene, and went against the statute prohibiting the broadcast of obscene, indecent and profane language. With this in mind, the FCC set a specific time of day where these The FCC issued the reprimand to Pacifica, granted the complaint, but did not put a sanction on Pacifica at that time. The FCC did however, note that, should any more complaints be received, the FCC would take them into account when Pacifica went up to renew its license. Pacifica petitioned for clarification or reconsideration, claiming the segment was played for educational purposes about Taboo language and

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.