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Mr. Prakash buys a motorcycle with a bank loan of 60,000. an instalment of 3000 is payable to the bank for each of 24 months
Mr. Prakash buys a motorcycle with a bank loan of 60,000. an instalment of 3000 is payable to the bank for each of 24 months towards the re- payment of loan with interest. what interest rate does the bank charges?
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According to a Bankrate study the average personal loan interest rate is 113...
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
