Solve it correctly not use excel Q)Mr. Real borrows P200,000 at 15% compounded annually, agreeing to repay the loan in 18 equal annual payments. How much of the original principal is still unpaid after he has made the 12th payment
Solve it correctly not use excel Q)Mr. Real borrows P200,000 at 15% compounded annually, agreeing to repay the loan in 18 equal annual payments. How much of the original principal is still unpaid after he has made the 12th payment
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 4MC: A ski company takes out a $400,000 loan from a bank. The bank requires eight equal repayments of the...
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Solve it correctly not use excel
Q)Mr. Real borrows P200,000 at 15% compounded annually, agreeing to repay the loan in 18 equal annual payments. How much of the original principal is still unpaid after he has made the 12th payment
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