QUESTION 8 You have taken a loan of $500,000 loan over 12 years at a 0% interest rate compounded monthly, which is rembursed with monthly payments What is the principal portion of the 73rd payment? O&2,314 18 Ob 3,407 19 Oc4496 O4207474
QUESTION 8 You have taken a loan of $500,000 loan over 12 years at a 0% interest rate compounded monthly, which is rembursed with monthly payments What is the principal portion of the 73rd payment? O&2,314 18 Ob 3,407 19 Oc4496 O4207474
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 15MC: Marathon Peanuts converts a $130,000 account payable into a short-term note payable, with an annual...
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You have taken alone of $500000 lone over 12years at 6% intrest rate compounded monthly, which is rembursed with montly payment. What is the principal portion of the 23rd payment.
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