a) ABC co. wishes to borrow a 3 year loan of sh.1000000 at 9% from the bank. The bank requires that ABC Pays the loan on equal end of year installments. How much will the installment be? And prepare loan amortization schedule.(12 marks)
b) You have recently been appointed the finance manager of a reputable manufacturing entity. Briefly explain 4 main decisions that you would be required to make within your department.(8 marks)
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