Question
The loan of 10000 euro has a fixed principal payment. The loan period is 2 years, and the loan payments are made twice a year.
The loan of 10000 euro has a fixed principal payment. The loan period is 2 years, and the loan payments are made twice a year. The annual interest rate is 6.6 %.
What is the remaining balance after second payment?
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Financial Accounting
Authors: John Hoggett, Lew Edwards, Evelyn Hogg, John Medlin, Matthew Tilling
8th Edition
1742466362, 978-1742466361
