Question: Task No. 1 2 3 4 5 Total Grades 3 2 2 1,5 1,5 10 1. A company is granted a loan of 600,000 for
Task No. 1 2 3 4 5 Total Grades 3 2 2 1,5 1,5 10 1. A company is granted a loan of 600,000 for period of four years. The annual interest rate is 4 %. Interest is paid out at the end of each year. Form a loan repayment schedule under the following methods: a) Annuity; b) Linear; c) Which option would you choose based on the amount of paid interest? The annuity loan repayment schedule Interest. Loan balance Years Payment sum The linear loan repayment schedule Interest b) Years Payment sum Amount of debt Amount of debt Loan balance
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