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Calculate the cost of the MRI machine (amount owed) using the TVM function. Complete the loan amortization schedule using Excels formula. Calculate the total interest
- Calculate the cost of the MRI machine (amount owed) using the TVM function.
- Complete the loan amortization schedule using Excels formula. Calculate the total interest expense over the 12 year period.
- Calculate the ending balance at the end of the 12th period
- Payment=43430
- Period= 12
- Interest= 8%
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Management Accounting Change Approaches And Perspectives
Authors: Chandana Alawattage, Danture Wickramasinghe
1st Edition
0415393329, 978-0415393324
