Question
Kointal Ltd borrowed $18000 from NAT bank on 1 July 2019 the intrest rate is 6% per anum. The monthly installment is $12000. After the
Kointal Ltd borrowed $18000 from NAT bank on 1 July 2019 the intrest rate is 6% per anum. The monthly installment is $12000. After the installment at 30 sept was paid, what is the balance of the bank loan account?
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Fundamentals of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
11th edition
77861701, 978-0077861704
