Question
An amount of money was requested from a bank to be paid after 180 days. The bank paid 700.000 TL after collecting the interest
An amount of money was requested from a bank to be paid after 180 days. The bank paid 700.000 TL after collecting the interest amount in advance at 25% interest ratE) Calculate the amount of debt requested in this transaction. Ourformula P2 = P(1-1*1) (5 POINTS)
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
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