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Answer to Question #147603 in Financial Math for stefanus weyulu

Question #147603
5. A loan of £ 10,000 is repayable by a level annuity payable half-yearly in arrear for three years and calculated on the basis of an interest rate of 10% per annum effective.
Construct the lender's schedule showing the subdivision of each payment into capital and interest and the loan outstanding after each repayment
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2020-12-02T18:08:20-0500

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