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Your company has received a RM50,000 loan from a bank. The annual payments are RM6,202.70. If the company is paying 9 percent interest per year,
Your company has received a RM50,000 loan from a bank. The annual payments are RM6,202.70. If the company is paying 9 percent interest per year, how many loan payments must the company make? Select one: a. 12 b. 15 c. 19 d. 13 A company's 2005 sales were RM100 million. If sales grow at 8% per year, how much would it be in 10 years later (in millions)? Select one: a. RM190.49 b. RM225.54 . C. RM215.89 d. RM201.15
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