What is the final payment of a demand loan of $12,000 at 13% p.a. simple interest, if
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What is the final payment of a demand loan of $12,000 at 13% p.a. simple interest, if $2000 was repaid in 2 months, another $4000 was repaid in 6 months, and the final payment to clear the loan is due in 8 months?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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