PT Kalbe Farma (PT KF) Tbk business and research development manager has a plan to develop a new vaccine for anti coronavirus. They have to borrow money from the bank for US$ 100,000,000. A syndicate of banks offer an interest rate of 10% annually for a 5-year loan.

a) How much the monthly installment (interest & loan) that PT Kalbe Farma has to pay ?

b) PT KF CFO told the Business and research Development Division only has a limited of US$ 2,000,000 to pay for the monthyl installment. Can the manager proceed with the bank loan?

Answer rating: 100% (QA)

aHere PV 100000000 nper 512 60 and rate 1012 as payments will be done monthly Thus mon... View the full answer