P lends Q on 1.1.2012. The loan is repayable in 5 half-yearly equal instalments commencing on 1.1.2013. Calculate the Average Due Date.
~ 20,000 is lent by A to B on 1.1.2009. The loan is repayable in 5 equal instalments commencing from 1.1.2011. Calculate the Average Due Date and interest @ 12% p.a.
From the following particulars, prepare the Account Current to be rendered by Mrs Singh to Mr Paul as on 31st August, 2014. The interest must be calculated @10% p.a.