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So can you paste me link here of the article you have written? Better then searching google though!
Okay so can you explain me only for the second year, which you have told as 266 above. i can trace down it to calculate others.
@johnmoffat said:
So for 20×6, the short-term loan as 20×5 was 266, and so the interest is 7% x 266 = 18.6.So the total interest for 20×6 is 46.4 + 18.6 = 65.
It is the same calculation for each of the later years.
Fair enough . Cant get how you got the closing figure for 20×6 figure which is 266. Explain this and also for the rest of years. In Fact explain this figure for all the 4 years.
Will be really thankful.
I tried it. But failed. Tried it n failed that is why i posted. Confused between grant n ppe. Im just struck at the value of 7 n satisfied bit of with grant. It ll be great if u ellaborate it briefly.
