Hello I am not getting calculations of last two question of this page.

This question was asked in Term Loan Journal Entries (EMI Entries)

Hello I am not getting calculations of last two question of this page. And even in 2Q interest from 1st July to 31st April and then from 31st April to 31st Dec. Please expailn

Payel Nandy

Nov. 4, 2016, 6:21 p.m.

Nishant Gaur

June 17, 2017, 2:55 p.m.

question is building purchase 100lac .

pls explain

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Nishant Gaur

June 17, 2017, 2:49 p.m.

she is right , 4 months int not right, if we calculate 4 mnths int on 120lac then amount = 3lac

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Davneet Singh

Nov. 5, 2016, 2:22 p.m.

Hi Payel

I guess you have posted question at the wrong page

Pls check and confirm

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