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Gzde's debt of 30,000 TL to be paid back with monthly installments at the end of the period in 3 years. 13% effective per annum
Gzde's debt of 30,000 TL to be paid back with monthly installments at the end of the period in 3 years. 13% effective per annum in order to be able to pay the principal in bulk at the end of the maturity while only paying the interest. It creates a debt repayment fund that appreciates at an interest rate. 400 TL to this fund at the end of the first month and it makes ongoing deposit payments, increasing by 4% every month compared to the previous month. horse maturity Calculate the amount in the debt repayment fund after the entire debt is paid off
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