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6) Aleem borrows $9000.00 from the bank at 6% per annum simple interest. The loan is to be repaid in 4 years. What will be the amount of each monthly installment Alcem will be required to pay? (A) S 45.
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6) Aleem borrows $9000.00 from the bank at 6% per annum simple interest. The loan is to be repaid in 4 years. What will be the amount of each monthly installment Alcem will be required to pay?

(A) S 45.00

(B) $ 180.00

(C) $187.50

(D) $ 232.50 ​

User BGorle
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Feeeeeeeeeeett I just woke up
User Aaron Hawkins
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