your company is Planning to borrow R1000000 on a 5 year, 15%, annual payment, fully amortized term loan. what fraction o
Posted: Thu May 19, 2022 8:31 am
your company is Planning to borrow R1000000 on a 5 year, 15%, annual payment, fully amortized term loan. what fraction of payment made at the end of the second year will represent repayment of principal?