How to calculate loan interest

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Jenskin1011: Newbie; Posts: 8; Joined: Mon, 30 May 2011 12:57 pm

How to calculate loan interest

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Post by Jenskin1011 » Fri, 24 Jun 2011 5:03 pm

Dear all,

May i know how to calculate loan interest, example : we loan $300,000 from company A & split 2 yrs repayments as per agreement dated 16/10/2009, interest shall be annual 5% for the principal and we make payment of $100,000 on 25/04/2011?

Thanks.

JR8: Immortal; Posts: 16522; Joined: Wed, 24 Mar 2010 12:43 pm; Location: K. Puki Manis

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Post by JR8 » Fri, 24 Jun 2011 5:36 pm

Your post is nonsense.

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