THIS IS FOR A YR 9 SCHOOL PROJECT.
just so that is straight.
the subject is with the commonwealth bank of Australia. I need a 6 month business loan of approx $22000 but i cannot pay it back until the six months is up because that is when i receive payment. can i just like borrow money and pay a lump sum of interest when i pay it back after 6 months?
any links to a loan calculator or something would be appreciated.
Thx in advance, signed (struggling school student)