Mathematics, 12.09.2021 14:00 michell200428

A personal loan of k2500 charged at 8% p. a flat rate. The loan is to be repaid by 24 equal monthly repayments. However, the loan is terminated after one year. How much is paid in the last repayments?

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A personal loan of k2500 charged at 8% p. a flat rate. The loan is to be repaid by 24 equal monthly...

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A personal loan of k2500 charged at 8% p. a flat rate. The loan is to be repaid by 24 equal monthly repayments. However, the loan is terminated after one year. How much is paid in the last repayments?​

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Another question on Mathematics

A personal loan of k2500 charged at 8% p. a flat rate. The loan is to be repaid by 24 equal monthly repayments. However, the loan is terminated after one year. How much is paid in the last repayments?