This document outlines a loan of 1,500 capital with 20% monthly interest. It shows the amortization schedule over 3 months with 500 paid each month and decreasing interest amounts of 300, 200, and 100 respectively. The total paid back after 3 months including interest is 2,100.
This document outlines a loan of 1,500 capital with 20% monthly interest. It shows the amortization schedule over 3 months with 500 paid each month and decreasing interest amounts of 300, 200, and 100 respectively. The total paid back after 3 months including interest is 2,100.
This document outlines a loan of 1,500 capital with 20% monthly interest. It shows the amortization schedule over 3 months with 500 paid each month and decreasing interest amounts of 300, 200, and 100 respectively. The total paid back after 3 months including interest is 2,100.