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syhrhdrs says

Can someone please clarify? Do I calculate interest after deducting payments or before? Thank you!

princess924 says

Same here. How r we going to know if interest will be calculated after we r before the installment

elnur96 says

Good day. If payments are made in arrears we first calculate interest then deduct payments. If we pay in advance first we deduct payment then calculate interest. Hope you get it.

ausra says

Question on 4 & 6. Aren’t the interest being calculated on the B/F AFTER cash deducted? This was in the lectures.

Thank you in advance!

radge says

Plz The 250000 used to charge 10% came from where?

riyasivaraj says

380000-130000=250000