Question #329114
Tebogo borrowed R10 000 at 7,5% per year, compounded monthly. Determine the amount that Tebogo owes after 3 years.
[1] 12514,4614
[2] 13023, 23
[3] 12514,65
[4] 13023, 47
Expert's answer
[3] 12514,65
Tebogo borrowed R10 000 at 7,5% per year, compounded monthly. Determine the amount that Tebogo owes after 3 years.
[1] 12514,4614
[2] 13023, 23
[3] 12514,65
[4] 13023, 47
[3] 12514,65
