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Mathematics, 04.12.2020 18:40 aryal191

Give the answer to this question correct to two decimal places. A discounted loan of R4 670,00 at a simple discount rate of 14% per year is offered to Mr Mothapo. The actual amount of money that Mr Mothapo receives, is R3852,75. This is
represented by the following time line:
R3 852,75
? months
14% simple discount
R4670,00
The amount of R4670,00 is due to be paid back after

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Give the answer to this question correct to two decimal places. A discounted loan of R4 670,00 at a...
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