As part of a acquisition the buyer has taken out a 100000, Ask an Expert

Management Studies

As part of a acquisition the buyer has taken out a $100,000 loan at 12% annual interest with payments of $1,050 per month. The concluding is on July 15, however the first loan payment is not due until September 1st. What will the buyer be in debt for July's interest?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9371921

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