Maturity date of loan


Loan A has the same original principal, interest rate, and payment amount as Loan B. However, Loan A is structured as an annuity due, while Loan B is structured as an ordinary annuity. The maturity date of Loan A will be:

a) Earlier than Loan B.

b) Later than Loan B.

c) The same as Loan B.

d) Indeterminate with respect to loan B.

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Accounting Basics: Maturity date of loan
Reference No:- TGS090264

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