Lease and Finance Management - EBS (MOSC)

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Loan Amortization schedule - first payment it's not divided in principal and interest

edited Mar 28, 2017 5:05AM in Lease and Finance Management - EBS (MOSC) 1 commentAnswered

Hello,

In Loan amortization schedule the first Payment generated it's not divided in principal and interest. Why is this happening?

What should we change to achieve the right calculation of amortization schedule?

Thanks and regards,

L

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