Calculate the effective interest on a loan of IDR 10,000,000 to be repaid in 12 monthly installments

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Calculate the effective interest on a loan of IDR 10,000,000 to be repaid in 12 monthly installments of IDR 1 million starting next month?

Posted Date: May 10, 2024 02:57 AM

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Calculate the effective interest on a loan of IDR 10,000,000 to be repaid in 12 monthly installments

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To calculate the effective interest on a loan we need to consider the total interest paid over t... View the full answer

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