Question: Calculating Interest Instructions: Calculate the total interest amount payable according to the following rates / figures: Initial Loan Amount: R 50 000.00 Interest Rate: 20%

Calculating Interest Instructions: Calculate the

Calculating Interest Instructions: Calculate the total interest amount payable according to the following rates / figures: Initial Loan Amount: R 50 000.00 Interest Rate: 20% PA Loan Duration: 24 Months Conduct and show your calculations on a separate sheet of paper and mark it as follows: Assignment 6 Module 2 FA

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