AAFM CWM_LEVEL_2 Question Answer
Section B (2 Mark)
How much interest is paid in the 43rd monthly payment interval of a loan for Rs43 200 if the loan is amortized at a rate of 9.75% compounded annually over 7 years.?
AAFM CWM_LEVEL_2 Question Answer
Section B (2 Mark)
How much interest is paid in the 43rd monthly payment interval of a loan for Rs43 200 if the loan is amortized at a rate of 9.75% compounded annually over 7 years.?