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Zenkel Traders borrowed sh.10,000,000 at interest rate of 15% per annum from Pesa Bank. The loan is to be repaid in equal annual installments for...

      

Zenkel Traders borrowed sh.10,000,000 at interest rate of 15% per annum from Pesa Bank. The loan is to be repaid in equal annual installments for the next six years.
Required:
Prepare a loan amortization schedule.

  

Answers


Francis
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francis1897 answered the question on November 1, 2022 at 13:32


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