Question: answer question Questions are sequential You cannot go back to any question the ) The following is an extract from the amortisation schedule for Lucky's

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Questions are sequential You cannot go back to any question the ) The following is an extract from the amortisation schedule for Lucky's home loan over a 20-yea penat Month /Outstanding principal Interest due Payment Principal Outstanding at the beginning of at the end of repald principal at the month the month month end 201 R503 033,57 R6 036,40 R15 908,45 R9 872,06 R493 161,51 202 R5 917,74 R15 908,46 C A The applicable nominal interest rate, compounded monthly, equals O a 31,60% O b. 14 40% O C 26 35%6 O d 14,69%

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