Question
A mortgage of 165,000 is taken at an annual interest rate of 5%. Payments are made at the end of each year. If an annual
A mortgage of 165,000 is taken at an annual interest rate of 5%. Payments are made at the end of each year. If an annual repayment of 15,000 can be made only, how many years will it take to repay the mortgage.
| A. | 17 years | |
| B. | 9 years | |
| C. | 15 years | |
| D. | 18 years | |
| E. | 16 years |
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Crime And Punishment In The Future Internet
Authors: Sanja Milivojevic
1st Edition
036746800X, 978-0367468002
