Question
Your company has just got a $100,000 commercial loan from the Chase Bank. The loan has 3-year maturity with the APR of 5%. Create an
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Your company has just got a $100,000 commercial loan from the Chase Bank. The loan has 3-year maturity with the APR of 5%. Create an amortization schedule for the loan
| Year | Interest at 5% on Balance Owing | Annual Payment | Principal Reduction | Balance Owing |
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| 2 |
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Stochastic Filtering With Applications In Finance
Authors: Bhar Ramaprasad
1st Edition
9814304859, 9789814304856
