Question: How do we calculate annual payments when given balloon payment at the end as is the case here? Payment period - 36 months 2010 Honda

How do we calculate annual payments when given balloon payment at

How do we calculate annual payments when given balloon payment at the end as is the case here?

Payment period - 36 months 2010 Honda Clvic RS Cash price R83 000 Credit Interest rate-18% per annum Deposit-10% of cost price Payment period - 30 months Balloon payment on month 30 - R13 000 2004 BMW 328i Sport nch price - R89 000

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