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39. Mulalo needs a loan to pay for his school fees. He can afford to repay R3 000 per month for 36 months. He considers
Posted: Sun Jun 05, 2022 4:07 pm
by answerhappygod
- 39 Mulalo Needs A Loan To Pay For His School Fees He Can Afford To Repay R3 000 Per Month For 36 Months He Considers 1 (23.75 KiB) Viewed 76 times
39. Mulalo needs a loan to pay for his school fees. He can afford to repay R3 000 per month for 36 months. He considers the following interest rate option. 17% per annum compounded every 6 months with a payment of R18 000 every 6 months in arrears. Calculate the amount he can borrow. 10:58 pm