Question
On december 31, son-nan chen borrowed 100000 agreeing to repay this sum in 20 equal end of year installments at 15 percent interest on the
On december 31, son-nan chen borrowed 100000 agreeing to repay this sum in 20 equal end of year installments at 15 percent interest on the declining balance. how large must the annual payments be?
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
