$20,000 is borrowed at an interest rate of 15% p.a. (per annum) to be paid back over 10 years, calculate the amount of interest, the total repayment and the monthly repayment.

$20,000 is borrowed at an interest rate of 15% p.a. (per annum) to be paid back over 10 years, calculate the amount of interest, the total repayment and the monthly repayment.

asked Dec 3, 2023 2.1k views

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