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month of my birthday is may 5th month You would like to borrow a personal loan from a bank in the amount of 30,000 TL.
month of my birthday is may 5th month
You would like to borrow a personal loan from a bank in the amount of 30,000 TL. The conditions are: Monthly effective interest rate to be charged will be 2%. Loan will be paid back by 12 equal monthly payments starting in January 2021. During 2021, you will NOT pay on the month of your birthday. The last payment will be on January 2022. . A) Please write the month of your birthday. B) Determine your 12 equal paymentsStep by Step Solution
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