A loan of Rs 7500 bearing 6.5 percent intrest compounded quarterly is to be repaid is 8
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A loan of Rs 7500 bearing 6.5 percent intrest compounded quarterly is to be repaid is 8 equal quarterly instalments, the first being due today .find sum payable per installment and also calculate the total interest.
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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