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The company gamusino, S.A., contracted a loan with the National Bank under the following conditions: Amount: $ 20,000 Term: 4 years Payment method: interest is
The company "gamusino, S.A.", contracted a loan with the National Bank under the following conditions: Amount: $ 20,000 Term: 4 years Payment method: interest is paid at the end of each year on unpaid balances and the loan amount at the end of the 4th. Year. Annual interest rate: Treasury Bonds (TBILLS) 17.18% Annual inflation rate: 32% Question: Determine the amount of each of the annual payments and the real interest rate. If they only pay real interest, how much would the annual payments be?
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