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Maria phone ltd needs TK. 5000000 to finance its processing equipments. Rural Bank ltd agreed to meet the requirement @ 12 % interest. The loan

Maria phone ltd needs TK. 5000000 to finance its processing equipments. Rural Bank ltd agreed to meet the requirement @ 12 % interest. The loan should be paid in next 4 years. You are requires to calculate the Amortization schedule under Capital Recovery Method.

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