Answers 2. Tanya can borrow $10 000 by paying the interest on a loan as it...

Transcribed Image Text:

Answers 2. Tanya can borrow $10 000 by paying the interest on a loan as it falls due at = 12% and by sahng a a sinking fund with semi-annual deposits that accumulate at 12 = 9% over 10 yeurs to repay thw At what rate, ja. would an amortization scheme have the same semi annual cost? 13 A loan of S100 000 at 8% per annum is to be repaid over 10 vears, $20 000 by the amote Answers 2. Tanya can borrow $10 000 by paying the interest on a loan as it falls due at = 12% and by sahng a a sinking fund with semi-annual deposits that accumulate at 12 = 9% over 10 yeurs to repay thw At what rate, ja. would an amortization scheme have the same semi annual cost? 13 A loan of S100 000 at 8% per annum is to be repaid over 10 vears, $20 000 by the amote

Answer rating: 100% (QA)

Principal amount of Borrowings 10000 Amount of interest at half yearly rest for 10 years 10000101210... View the full answer