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You are to repay a loan of $4300.00 with repayments of $180.00 every week, with the first repayment being one week after you took out

You are to repay a loan of $4300.00 with repayments of $180.00 every week, with the first repayment being one week after you took out the loan. If interest is charged at j52 = 8.1120% p.a. then the total number of repayments (including any partial payment) is:

Question 6 options:

1)

22

2)

26

3)

25

4)

24

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