In December 2024
Answer to Question #205386 in Financial Math for Siphesihle
Jim took a loan of R30 000,00 for 18 months at a simple interest rate of 12,5% per year. Determine
the amount that Jim will pay in 18 months.
"\\frac {P\u00d7R\u00d7T} {100\u00d712}=\\frac {300,000\u00d712.5\u00d718}{100\u00d712}"
"=R562,500"
Amount ="3, 000,000+562,500"
Amount =R. 3,562,500
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#339914 on Dec 2023
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Dear Siphesihle, please use the panel for submitting a new question.
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