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  • Assignment Merchent Banking

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    RG MoPNG
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    Student Ujjal Kumar Das with Roll Number NC060 took out a bank loan of Rs. 1,100,000 over 6 semi-annual installments of Rs. 229,606 each. The table shows the reducing principal amount, interest charged, and accumulating total cost of the loan over the repayment period. In the end, it is noted that bank borrowing was a better financing option compared to another alternative such as equipment leasing.

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    Student Ujjal Kumar Das with Roll Number NC060 took out a bank loan of Rs. 1,100,000 over 6 semi-annual installments of Rs. 229,606 each. The table shows the reducing principal amount, interest charged, and accumulating total cost of the loan over the repayment period. In the end, it is noted that bank borrowing was a better financing option compared to another alternative such as equipment leasing.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    12 views2 pages

    Assignment Merchent Banking

    Uploaded by

    RG MoPNG
    Student Ujjal Kumar Das with Roll Number NC060 took out a bank loan of Rs. 1,100,000 over 6 semi-annual installments of Rs. 229,606 each. The table shows the reducing principal amount, interest charged, and accumulating total cost of the loan over the repayment period. In the end, it is noted that bank borrowing was a better financing option compared to another alternative such as equipment leasing.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 2

    Student Name : Ujjal Kumar Das

    Roll No : NC060
    3rd Semester

    No Pncl Amount Interest

    1 1000000 100000
    2 870394 87039.4
    3 727827.4 72782.74
    4 571004.14 57100.414
    5 398498.554 39849.8554
    6 208742.4094 20874.24094

    Lease
    Total Installment Semi Annual Lease Rental Total
    No Amount
    6 229605 1377630

    Bank borrowing is better


    Name : Ujjal Kumar Das

    ster

    Bank Borrow
    installment for
    Total Amount Balance Amount Dep Cost
    Repayment
    1100000 229606 870394 150000 250000
    957433.4 229606 727827.4 150000 237039.4
    800610.14 229606 571004.14 150000 222782.74
    628104.554 229606 398498.554 150000 207100.414
    438348.4094 229606 208742.4094 150000 189849.8554
    229616.65034 229606 10.65034 150000 170874.24094
    1277646.65034

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