Newgen hotel successfully applies for a loan of 500000 on


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.

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Finance Basics: Newgen hotel successfully applies for a loan of 500000 on
Reference No:- TGS01182177

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