Question
You are planning to buy a recondition F Premio car and for this purpose you have taken loan 1.5 million from Mutual Trust Bank. Loan
You are planning to buy a recondition F Premio car and for this purpose you have taken loan 1.5 million from Mutual Trust Bank. Loan repayment time is 10 years. Assume 9% per year interest rate is applied. If you pay back the loan in ten equal annual (per year) installments, how much will this installment be?
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Multinational Finance Evaluating Opportunities Costs and Risks of Operations
Authors: Kirt C. Butler
5th edition
1118270126, 978-1118285169, 1118285166, 978-1-119-2034, 978-1118270127
