Answered step by step
Verified Expert Solution
Question
1 Approved Answer
From the PT EKA PRASETYA debt repayment table, it can be seen that the principal installments paid in the second year are Rp 2,508,363,843, -
From the PT "EKA PRASETYA" debt repayment table, it can be seen that the principal installments paid in the second year are Rp 2,508,363,843, - while the principal installments paid in the 5th year are Rp 4,121,322,061, - If the remaining debt in the year 6th is IDR 29,928,906.85, - From this case determine:
A. Annual annuity paid by PT "EKA PRASETYA" and total paid until the debt is paid off.
B. The interest rate charged to PT "EKA PRASETYA" and the length of the loan period. As well as calculating the borrowed capital by PT "EKA PRASETYA".
C. If the loan capital is paid in bulk and interest is doubled each month, how much will be paid in total.
D. If the interest rate above is the average interest, what percentage of the effective interest rate.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started