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A machine is bought with a loan which must be paid in 20 equal half yearly installment of R6 500. The first instalment is payable in 4 years after loan has been negotiated.What is the price of the machine
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A machine is bought with a loan which must be paid in 20 equal half yearly installment of R6 500. The first instalment is payable in 4 years after loan has been negotiated.What is the price of the machine if compound interest is added at every year at 14 % p.a. on the outstanding amount?

User Taylor Wood
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4 votes
4 votes

Answer:

um i think the anwer is bevauze it

User Dylan Meeus
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