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mortisation schedule for a filling station. The loan will be paid off in 15 years. Month Outstanding Interest Payment Princip repaic principal at due at

mortisation schedule for a filling station. The loan will be paid off in 15 years. Month Outstanding Interest Payment Princip repaic principal at due at

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
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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 due at repaid principal at principal at the the end month end beginning of the of the month month 15 R385 232,41 R3 081,86 C 120 R202 152,34 R1 617,22 R199 568,48 The value of B equals ... A. R3 579,87. B. R1 684,60. C. R2 583,85. D. R5 818,29. A R1 119,21 A B
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 due at repaid principal at principal at the the end month end beginning of the of the month month 15 R385 232,41 R3 081,86 C 120 R202 152,34 R1 617,22 R199 568,48 The value of B equals ... A. R3 579,87. B. R1 684,60. C. R2 583,85. D. R5 818,29. A R1 119,21 A B
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