Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the loan of 10000 euro has a fixed principal payme

The loan of 10000 euro has a fixed principal payment. The loan period is 2...

50.1K

Verified Solution

Question

Accounting

The loan of 10000 euro has a fixed principal payment. The loan period is 2 years, and the loan payments are made twice a year. The annual interest rate is 6.6 %.

What is the remaining balance after second payment?

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

Basic Math
1.2K views

PSLO Assignment Question 6 of 10 1 5 points Question Attempt 1 of 1 each...

Operations Management
1.2K views

Search the Internet using the key words: \"best practices, project management\". What do you find? How...

Psychology
1.2K views

For this post, I would like for us to discuss some event in our lives (of...

Mechanical Engineering
1.2K views

How do the required CL and AOA for a Piper M350 at 4,000 lbs change with...

Physics
1.2K views

Which of the following statements is false Question Type Single Correct Type 1 2 3...

Physics
1.2K views

Fill in the table below each column of which refers to a spherical mirror and...

Basic Math
1.2K views

A doctor prescribes 250 mg of a drug The amount of the drug in the...

Calculus
1.2K views

The graph of f is shown State the signs of f and f on the...

Accounting
1.2K views

What is a shareholders basis in S corporation stock received for services rendered? a. the...

Accounting
1.2K views

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is...

Accounting
1.2K views

GL0302(Algo)- Based on Problem 3-3A LO P1, P2, P3, P4, P5 Gonzalez Technical...

Accounting
1.2K views

should be budgeted for direct labor. Question Help