Year

Cubs Purchase Price $900,000,000.00 1

Cash Paid $450,000,000.00 2
Principal Amount of Loan $450,000,000.00 3
Interest Rate 8.00% 4
Term (in years) 30 5
Payments Per Year 1 6
Implied Periodic Interest Rate 8.00% 7
Total Number of Payments 30 8
9
Total Amount of Payments ($1,199,170,350.73) 10
Total Interest Paid $749,170,350.73 11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Initial Principal Amount Payment Interest Paid
$450,000,000.00 ($39,972,345.02) $36,000,000.00
$446,027,654.98 ($39,972,345.02) $35,682,212.40
$441,737,522.35 ($39,972,345.02) $35,339,001.79
$437,104,179.11 ($39,972,345.02) $34,968,334.33
$432,100,168.42 ($39,972,345.02) $34,568,013.47
$426,695,836.87 ($39,972,345.02) $34,135,666.95
$420,859,158.79 ($39,972,345.02) $33,668,732.70
$414,555,546.47 ($39,972,345.02) $33,164,443.72
$407,747,645.16 ($39,972,345.02) $32,619,811.61
$400,395,111.75 ($39,972,345.02) $32,031,608.94
$392,454,375.67 ($39,972,345.02) $31,396,350.05
$383,878,380.70 ($39,972,345.02) $30,710,270.46
$374,616,306.13 ($39,972,345.02) $29,969,304.49
$364,613,265.60 ($39,972,345.02) $29,169,061.25
$353,809,981.82 ($39,972,345.02) $28,304,798.55
$342,142,435.34 ($39,972,345.02) $27,371,394.83
$329,541,485.14 ($39,972,345.02) $26,363,318.81
$315,932,458.93 ($39,972,345.02) $25,274,596.71
$301,234,710.62 ($39,972,345.02) $24,098,776.85
$285,361,142.45 ($39,972,345.02) $22,828,891.40
$268,217,688.82 ($39,972,345.02) $21,457,415.11
$249,702,758.90 ($39,972,345.02) $19,976,220.71
$229,706,634.59 ($39,972,345.02) $18,376,530.77
$208,110,820.33 ($39,972,345.02) $16,648,865.63
$184,787,340.93 ($39,972,345.02) $14,782,987.27
$159,597,983.18 ($39,972,345.02) $12,767,838.65
$132,393,476.81 ($39,972,345.02) $10,591,478.15
$103,012,609.94 ($39,972,345.02) $8,241,008.79
$71,281,273.71 ($39,972,345.02) $5,702,501.90
$37,011,430.58 ($39,972,345.02) $2,960,914.45

($1,199,170,350.73) $749,170,350.73
Principal Paid Principal Remaining
Cumulative Interest Paid
$3,972,345.02 $446,027,654.98 $36,000,000.00
$4,290,132.63 $441,737,522.35 $71,682,212.40
$4,633,343.24 $437,104,179.11 $107,021,214.19
$5,004,010.70 $432,100,168.42 $141,989,548.52
$5,404,331.55 $426,695,836.87 $176,557,561.99
$5,836,678.07 $420,859,158.79 $210,693,228.94
$6,303,612.32 $414,555,546.47 $244,361,961.64
$6,807,901.31 $407,747,645.16 $277,526,405.36
$7,352,533.41 $400,395,111.75 $310,146,216.97
$7,940,736.08 $392,454,375.67 $342,177,825.91
$8,575,994.97 $383,878,380.70 $373,574,175.97
$9,262,074.57 $374,616,306.13 $404,284,446.42
$10,003,040.53 $364,613,265.60 $434,253,750.91
$10,803,283.78 $353,809,981.82 $463,422,812.16
$11,667,546.48 $342,142,435.34 $491,727,610.71
$12,600,950.20 $329,541,485.14 $519,099,005.53
$13,609,026.21 $315,932,458.93 $545,462,324.34
$14,697,748.31 $301,234,710.62 $570,736,921.06
$15,873,568.17 $285,361,142.45 $594,835,697.91
$17,143,453.63 $268,217,688.82 $617,664,589.30
$18,514,929.92 $249,702,758.90 $639,122,004.41
$19,996,124.31 $229,706,634.59 $659,098,225.12
$21,595,814.26 $208,110,820.33 $677,474,755.89
$23,323,479.40 $184,787,340.93 $694,123,621.52
$25,189,357.75 $159,597,983.18 $708,906,608.79
$27,204,506.37 $132,393,476.81 $721,674,447.45
$29,380,866.88 $103,012,609.94 $732,265,925.59
$31,731,336.23 $71,281,273.71 $740,506,934.39
$34,269,843.13 $37,011,430.58 $746,209,436.28
$37,011,430.58 $0.00 $749,170,350.73

$450,000,000.00
Cumulative Principal Paid
$3,972,345.02
$8,262,477.65
$12,895,820.89
$17,899,831.58
$23,304,163.13
$29,140,841.21
$35,444,453.53
$42,252,354.84
$49,604,888.25
$57,545,624.33
$66,121,619.30
$75,383,693.87
$85,386,734.40
$96,190,018.18
$107,857,564.66
$120,458,514.86
$134,067,541.07
$148,765,289.38
$164,638,857.55
$181,782,311.18
$200,297,241.10
$220,293,365.41
$241,889,179.67
$265,212,659.07
$290,402,016.82
$317,606,523.19
$346,987,390.06
$378,718,726.29
$412,988,569.42
$450,000,000.00