Loan Amortization computations Financial Management

[@derickochieng3365]

Honestly,, this has assisted me so much today .. Thanks for sharing

[@theaccountingcoachmichaels6075]

Thank you so much

[@asiepetjoan3067]

Good to go

[@maggieveronicaphiri7470]

🙏you are really helping me, thank you

[@VocaloidThalia]

Such a clear explanation!

[@theaccountingcoachmichaels6075]

Thanks 🙏

[@kaymuyenga3243]

kindly help out what the monthly payments would be if john got a 3000 loan and the monthly deductions are 35% how much would he pay in a year?

[@chepchumbamorine]

Thank sir

[@Ollysblog]

If I'm given a question and I wasn't told to which amortization table I should construct, how do I know through the question if I'm to construct a lease table or a term loan table sir

[@theaccountingcoachmichaels6075]

Are you able to send me the exact question. I can help explain

[@Ollysblog]

@@theaccountingcoachmichaels6075 can I type the question here sir

[@theaccountingcoachmichaels6075]

Yes

[@Ollysblog]

@@theaccountingcoachmichaels6075 A $8000 loam borrowed at 7.5% compounded annually is repaid by equal annual payment over 4 years How do I know if I would be calculating for a term loan or a lease loan sir

[@kaymuyenga3243]

and the formula

[@alexandersakala9108]

From dolar to kwacha

[@alexandersakala9108]

Am lost sir .wats the k

[@theaccountingcoachmichaels6075]

Currency error in my computations. Well noted we will perfect on that one