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Below shows the monthly repayment table of a personal instalment loan. Find 1. The monthly flat rate (A). 2. The monthly repayment amount for 12
Below shows the monthly repayment table of a personal instalment loan. Find 1. The monthly flat rate (A). 2. The monthly repayment amount for 12 and 24 months (B and C). 3. The corresponding APRs ( x% and y%) (10 marks) Below shows the monthly repayment table of a personal instalment loan. Find 1. The monthly flat rate (A). 2. The monthly repayment amount for 12 and 24 months (B and C). 3. The corresponding APRs ( x% and y%) (10 marks)
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