Secretariat chemat pompe
do is planning on the boss shie hande
The National Credit Act
Ni...
Mathematics, 11.03.2021 14:00 cnejcnefjvefven47
Secretariat chemat pompe
do is planning on the boss shie hande
The National Credit Act
Nipulate that the bar
are qualities for should be stuculated based on the disposable
Table 1 Loan factor table for calculating monthly repayments on
Homoloan por R1 000
15
20
25
30
1059
8 91
859
1075
9.65
909
8.78
1090
982
9 26
8.96
77 05
5
9 98
9.15
9.44
71.21
10 15
962
9.33
77 37
1032
9.80
9 52
11.52
10.49
998
Define the term monthly repayments.
Write down the loan factor in Magda decides to pay her monthly repayments
OVC25-1 car period at an interest rate of 10.75%
Calculate the maximum loan amount she qualifies for if she wants to take
loan over 30 years at an interest rate of 11.250 € per annun.
Use the formular:
(onthly repayment = loan factor) x 1 000
Loan amount
be advisable for her to take
Ve ONE possible reason why it would NOT
El maximum amount that she qualities for.
is also planning to buy a house and takes out a home loan from St.
Pay equal monthly repayments for 20 years as shown in Table zonino
Answers: 2
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