Sir cau u plz explain The repaymnet of subordinated loan payments The interest FOR 4 year. Only 1st year interest payment is easy how to find remaining plz explain its whole working???
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Reflator inc dec 2005
8y ago#1At the end of the first year, the amount left owing is the amount of the loan plus the first years interest less the repayment in the first year.
The second years interest is therefore calculated on this amount.
The same continues each year.
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