bento (june 15)

part(b)
asking difference between proteus (dec 11) and this question

1)-
proteus loan amount when we were calculating the gross were 65M loan which includes interest of 5,850 thats why we didn’t add the interest to the loan

Under bento the loan amount is net of interest thats why we adding interest of 2,400 to 30M loan , am i right ?

2)-
proteus , repayment already given 3,000

but under bento we have to calculate based on annuity as same equal payment need to be made i.e 30m divided by 3.22 which is 9,058
this repayment of 9,058 includes an interest of 2,400 am i right , just like repayment of 3,000 which was deducted under proteus from loan amount.

3)-
why 20m convertible loan interest not varies , why it is fixed which is 1,200 each year

4)-
why fixed amount of 20m loan is added at the end of the loan when calculating gearing