In November 2024
Answer to Question #281745 in Math for Arvin Shopon
Hanna has taken an annuity of €140,000 to buy a new home, but she needs a loan. The term of the loan has been agreed for 12 years and the annual interest rate on the loan is set at 1,8 %. The loan is shortened monthly.
a) how big is the annuity of the loan?
b) how much of the loan is left after three years?
c) How Much Does Hanna pay in interest in total?
Answer in progress...
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