Abdullah will pay me an amount equal to 10% of his salary, which comes out as follows:
Posted: Thu Dec 23, 2021 9:01 am
Abdullah will pay me an amount equal to 10% of his salary, which comes out as follows:
Amount of loan 1 payment 21 payment 3 payment 4" payment 5 payment $100.00 $5.00 $7.00 $3.00 $10.00 $7.00 B. What is the amount that Abdullah should repay me at the end of the period (the principal return) if we agreed the loan interest was be 15% simple interest? C. A company has an EBITDA of $100 per year on average. It wants to borrow money for a project, $500 at 10% annual simple interest rate for five years. However, it does not want to pay more than 25% of its EBITDA in interest. The company does not know how much it will pay at the end of the loan. What is the future value of the loan repayment (i.e., how much must the company pay at the end)?
- Abdullah Will Pay Me An Amount Equal To 10 Of His Salary Which Comes Out As Follows 1 (28.44 KiB) Viewed 84 times