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    huangyan's Avatar
    huangyan Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 23, 2012, 07:03 AM
    Accounting
    (1) Interest owing on the bank loan is charged at 4% p.a. payable yearly in arrears (interest was last paid on 30 June 2008). $30,000 of the loan is due for payment on 1 Feb 2009. Take that the bank loan is 100000 (Due 2012)
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Jul 23, 2012, 03:58 PM
    Now what would you like me to do with this loan I have taken? The interest calculations are simple
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