How much interest will linda pay for a loan of N850 at the rate of 15% in 2years

Dkong asked Feb 4, 2023

287,276 views

28 votes

Dkong asked Feb 4, 2023

by Dkong

2.3k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

7 votes

Answer:

850 ( 2 multiply by 15 divide by 100)

850 ( 2 multiply 0,15)

850 multiply 0,3

= R255, 00

Victor Gorban answered Feb 10, 2023

2.7k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers