reducing balance

Rosnita borrows RM10000 at a flat rate of 8% per annum. She repays by

making 36 monthly payments. Given interest is RM2400. Find the effective rate

that she is being charged.

asked by guest
on Jan 22, 2025 at 7:51 am



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.