Ask Experts Questions for FREE Help !
Ask
    namrata1's Avatar
    namrata1 Posts: 1, Reputation: 1
    New Member
     
    #1

    May 21, 2012, 12:43 AM
    How to calculate debentures
    John borrows $15000 @ 9% per annum, repayable in equal annual installments over 10 years.
    1. What will be the amount of each installment?
    2. How much interest will be included in the fourth installment?
    3. How much will John have to pay if he wishes to finalise the loan on the day that the eight installment is due?

Check out some similar questions!

1. A Ltd. Has in issue 6% debentures quoted at R980 *** interest. Calculate the cost [ 0 Answers ]

1.A Ltd. Has in issue 6% debentures quoted at R980 *** interest. Calculate the cost of debt, assuming a tax rate of 35%

Debentures position [ 1 Answers ]

What is debenture redemption reserve?

What are Debentures [ 1 Answers ]

What are Debentures?


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.