can you check, my answer is correct or no ? 23...

70.2K

Verified Solution

Question

Finance

can you check, my answer is correct or no ?

image

23 Calculate 2019 debt interest based on the information below. 2019 Estimate Opening Debt Balance Additions (Repayments) Interest Rate Closing Debt Balance Debt Interest 2018 Actual 25,000 0 5% 25,000 1,250 10,000 5% 2,500 1,500 1,750 1,250

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students