Blog on Business
Saturday, April 24, 2010
Open Question: loan interest payment?
company has to borrow $30,000 in January 2010. Loan terms are 10% per year, with interest paid quarterly and the principal due in December 2013. How do I calculate the quarterly interest?
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment