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please answer these 2 questions. not the other one. 1. Mi A is repaying a loan at RM380 every month for the next 9 months.
please answer these 2 questions. not the other one.
1. Mi A is repaying a loan at RM380 every month for the next 9 months. He has been charged 12% compounded monthly for the interest rate. (a) Calculate the amount of loan. (b) Calculate the amount of interest involved. 1. Mi A is repaying a loan at RM380 every month for the next 9 months. He has been charged 12% compounded monthly for the interest rate. (a) Calculate the amount of loan. (b) Calculate the amount of interest involvedStep by Step Solution
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