According to the bank 's terms, monthly payments under the loan amount to 1500 d.e. The loan was issued for a period of 10 years at 14% per annum. The investor 's own funds for this project amount to 300,000 d.e. What is the cost of buying this item?

Answer rating: 100% (QA)

To calculate the cost of buying the item we need to know the loan amount and the total in... View the full answer