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Today you get a bank loan of 20.000 TL with an annual interest rate of 16%.You will repay the loan in equal annual installments in
Today you get a bank loan of 20.000 TL with an annual interest rate of 16%.You will repay the loan in equal annual installments in the next 4 years. What will be the each equal installment? How much of your second installment will go for interest payment? 7.147 ; 3.200 7.800 ; 7.147 7.800 ; 3.200 2.568 ; 7.800 7.147 ; 2.568
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