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Mathematics, 12.08.2020 08:01 jerryG6171
A man borrows $200 000 to buy a sports car. He is charged a simple interest of
2.88% per annum. If the loan is for 7 years, find the
(a) interest payable
(b) amount of each repayment if the total sum is to repaid in 84 equal
installments.
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Answers: 1
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A man borrows $200 000 to buy a sports car. He is charged a simple interest of
2.88% per annum. If...
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