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Interest Accumulated Question Accounting Need Help
Accounting Homework Helper
On this problem how is the repayment of -5000 and interest of -210 calculated for March in the cash budget? I tried doing 3000 x 3/12 x 1% but I get 75 for repayment which is obviously wrong. And I have no clue how to do the interest portion. |
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Seriously too much detail, ask the people who provided you with the help
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