On January 1 2018, XYZ Company borrowed 20 000 TL from a bank. XYZ Company...
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Accounting
On January 1 2018, XYZ Company borrowed 20 000 TL from a bank. XYZ Company would pay the loan back 4 years. The interest rate is 4%. The annual payment is 5509.8 TL and is made on the last day of the year.Prepare an amortization table for the companys loan.
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