Prepare a loan amortization table

Reference no: EM13892807

Newgen hotel successfully applies for a loan of $500000 on first year. the duration of the loan is 3 years and the rate of 10% per annum. principal and interest are payable in equal installments of every end of a year. required the annual repayment that Newgen hotel must infect every 31st dec and prepare a loan amortization table.

Reference no: EM13892807

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