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Question 10 Not yet saved Marked out of 1.00 A $10,000 loan is to be repaid with 9 equal half-yearly instalments. Interest is at 7.8%p.a.

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Question 10 Not yet saved Marked out of 1.00 A $10,000 loan is to be repaid with 9 equal half-yearly instalments. Interest is at 7.8%p.a. compounding half-yearly Calculate the principal repaid in the fourth instalment (use excel; answer to include cents but do not use the comma separator) Remove flag

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