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Draw an amortization table for the following loan of R160 000 for 4 years where the interest rate is 10% per annum compounded annually. What
Draw an amortization table for the following loan of R160 000 for 4 years where the interest rate is 10% per annum compounded annually.
- What is the interest paid in the first 2 years
- What is the percentage of the loan that has been paid after 3 years
- What is the balance at year 3
- What is the payment if the compounding was monthly instead of annually
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
4th Edition
0130176028, 9780130176028
