SharpkopMaths P1 · Finance growth and decay
7.3.12 marks
Naledi borrowed R80 000 from a bank on 1 July 2023. She agreed to repay the loan over 4 years in equal monthly instalments of R2 000 each, with the first instalment paid on 1 August 2023. Calculate the total interest that she will pay over the 4 years.
NSCBased on Nov 2024 · Paper 1 · Q7.3.1
Not yet checked by a teacher. Spot a problem? Report it.