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Jim took a loan of R30 000.00 for 18 months at a simple interest rate of 12.5% per year. Determine the amount that Jim will pay in 18 months.
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Jan 18, 2022
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Jim took a loan of R30 000.00 for 18 months at a simple interest rate of 12.5% per year. Determine the amount that Jim
will pay in 18 months.
Mathematics
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Brandin
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Answer:
R35625
Explanation:
(R30,000×.125×18/12)+R30000
=R35625
Tedi
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Jan 22, 2022
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Tedi
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