How to calculate loan interest

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Jenskin1011
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How to calculate loan interest

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.

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

Your post is nonsense.

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