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Question 5 [8 points) To consolidate his debts Wasim takes out a 511 000 tonn af 1175 interest compounded an agrees to make and payments

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Question 5 [8 points) To consolidate his debts Wasim takes out a 511 000 tonn af 1175 interest compounded an agrees to make and payments of payments of $200 every monthus pdf Answer the flowing questions for full mark your answer(s) should be founded to the nearest cont a) How long will take to pay off the foon? You answer should be founded to the appropriate whole period 0 years, 0 months b) What is the amount of the trial payment Final Payment - $ 0.00 c) What is the principal component of the final 10 payment? Principal = $ 0.00 d) What is the inforest component of the final 10 payments? Interest = $ 0.00

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