16 - What is the total interest / dividend amount to be repaid at the end of 10 years for a loan of 190 000 lira withdrawn from the bank for housing needs with an annual compound interest of 15%? A) 578 656 B) 583 025 C) 568 656 D) 581 214 E) 582 158
16 - What is the total interest / dividend amount to be repaid at the end of 10 years for a loan of 190 000 lira withdrawn from the bank for housing needs with an annual compound interest of 15%? A) 578 656 B) 583 025 C) 568 656 D) 581 214 E) 582 158
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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16 - What is the total interest / dividend amount to be repaid at the end of 10 years for a loan of 190 000 lira withdrawn from the bank for housing needs with an annual compound interest of 15%?
A) 578 656
B) 583 025
C) 568 656
D) 581 214
E) 582 158
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