Answered: A loan should be fully repaid in 30…

A loan should be fully repaid in 30 monthly installments of Rp3.750.000. If the loan is Rp100.000.000, what is the flat interest O A. 5% p.a.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter19: Lease And Intermediate-term Financing

Section: Chapter Questions

Problem 18P

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Concept explainers

Balance of Payments

BOP is categorized into the following three components:

Question

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A loan should be fully repaid in 30 monthly installments of Rp3.750.000. If the loan is Rp100.000.000, what is the flat interest rate of loan
O A. 5% p.a.
O B. 4% p.a.
O. 7% p.a.
O D. 6% p.a.

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