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This would help a lot of Learners, thanks💯
I have a problem with question 3b. why is our interest 5148 and not 10296 sine our agreement is that we pay 26% interest p.a over 24mnths which is 2years. are we not suppose to say 19800 x 0.26 x 2 = 10296
our tutor forget to include the number of years
Compouded interest
Mashonisa😂😂😂
This would help a lot of Learners, thanks💯
I have a problem with question 3b. why is our interest 5148 and not 10296 sine our agreement is that we pay 26% interest p.a over 24mnths which is 2years. are we not suppose to say 19800 x 0.26 x 2 = 10296
our tutor forget to include the number of years
Compouded interest
Mashonisa😂😂😂