A company borrows $75 000 from a bank,to be amortised over five years at 8.5% per annum.The annual instalment is:
A) $12 657.43
B) $16 275.00
C) $19 032.43
D) none of the given answers

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The Answer of A company borrows $75 000 from a bank,to be amortised over five years at 8.5% per annum.The annual instalment is:
A) $12 657.43
B) $16 275.00
C) $19 032.43
D) none of the given answers

A Company Borrows $75 000 from a Bank,to Be Amortised