You borrowed $2000 from a friend to purchase a new laptop computer and have agreed to pay back the loan worth monthly payments of $200 plus 1% interest on the unpaid balance.

a) Find the first six monthly payment you will make the unpaid balance after eqch month.
b) find the total amount of interest paid over the term of the loan

1

Answers

2015-07-06T15:19:01+08:00
Find the first six mounts payment you will make the unpaid balance after eqch monts

0