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A loan of $ 8000 was repaid in 24 equal monthly instalments of $400. The rate of interest on the loan was

A loan of $ 8000 was repaid in 24 equal monthly instalments of $400. The rate of interest on the loan was
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A loan of $ 8000 was repaid in 24 equal monthly instalments of $400. The rate of interest on the loan was

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User Algiz
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1 Answer

3 votes

Answer:

if im right 1600? i did it in my head so im not 100 percent sure

Explanation:

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User Benjamin Confino
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