Abu jawaz made a loan on 1 January 2016. he made a payment of rm2000 on 30

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Abu jawaz made a loan on 1 January 2016. he made a payment of rm2000 on 30 april 2016 and 2000 on 31 august 2015. The last payment was made on 15 december 2016.

Calculate the final payment amount if the loan interest rate is 7% per annum with focal date.

Related Book For answer-question

South-Western Federal Taxation 2018 Comprehensive

ISBN: 9781337386005

41st Edition

Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young

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Posted Date: Jul 02, 2023 11:53 PM

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Abu jawaz made a loan on 1 January 2016. he made a payment of rm2000 on 30

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First lets calculate the interest accrued from 1st January 2016 to 31st August 2015 the first paymen... View the full answer

South-Western Federal Taxation 2018 Comprehensive

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