A N$1000 loan is repaid by annual payments of N$150, plus a smaller final payment. The first payment is made one year after the time of the loan and construct an amortization schedule and determine the size of the last payment
David needs R30 835, 42 to buy a second hand trailer.how lobg will it take him to save towsrds this amount , if he deposit R25 000 now into a savings account earning 10% interest per year compounded weekly
mogapi wants to buy a townhouse that costs 200000.after making a downpayment of 20% of the price of the townhouse, he manages to secure a loan for 20 years at an interest of 15% per annum , compounded monthly. determine monthly payments.
What is the amount of money that Lebo has to invest, at a simple interest rate of 12% per year, to earn R5250,00 interest after three years?