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he following is an extraction from an mortisation schedule for a filling station. me loan will be paid off in 15 years. lonth Outstanding Interest Payment Principal Outstandi due at repaid principal principal at the the end month er beginning of the of the month

he following is an extraction from an mortisation schedule for a filling station. me loan will be paid off in 15 years. lonth Outstanding Interest Payment Principal Outstandi due at repaid principal principal at the the end month er beginning of the of the month

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The following is an extraction from an amortisation schedule for a filling station. The loan will be paid off in 15 years. Month Outstanding Interest Payment Principal Outstanding principal at due at repaid principal at the the end month end beginning of the of the month month 15 R385 232,41 R3 081,86 A R1 119,21 C 120 R202 152,34 R1 617,22 A B R199 568,48 The value of B equals ... A. R3 579,87. B. R1 684,60. C. R2 583,85. D. R5 818,29.
Transcribed Image Text:The following is an extraction from an amortisation schedule for a filling station. The loan will be paid off in 15 years. Month Outstanding Interest Payment Principal Outstanding principal at due at repaid principal at the the end month end beginning of the of the month month 15 R385 232,41 R3 081,86 A R1 119,21 C 120 R202 152,34 R1 617,22 A B R199 568,48 The value of B equals ... A. R3 579,87. B. R1 684,60. C. R2 583,85. D. R5 818,29.
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