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Question 9 Not yet answered Marked out of 2 Flag question Netflix recently negotiated a four - year loan to pay for the upgrade of

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Netflix recently negotiated a four-year loan to pay for the upgrade of their Durban theatre.
The amount of the loan is R1000000 and the interest rate is 13% effective.
Calculate how much will be due at the end of 7 years if Netflix does not pay anything on the loan before that.
Completion instructions.
If applicable round to two decimal places for example R3111245.567 is written as 3111245.57. Do not use the rand symbol in your answer and do not enter a minus (-).
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