Question: I want a complete solution Q2: Khaled borrows 800.000 LE for 3 years at an interest rate 12% annually to be paid at the end

I want a complete solution Q2: Khaled borrows 800.000 LE for

I want a complete solution

Q2: Khaled borrows 800.000 LE for 3 years at an interest rate 12% annually to be paid at the end of every 3 months. After he paid the first 6 periodic interests on time, he agreed with his creditor to postpone the payment of the rest of the periodic interest and the loan for 8 months after maturity date of the loan using a delay interest rate 16% annually. Find the actual rate of investment. Suppose that the creditor invested the periodic interest which paid on time with rate 20% annually. Find the actual rate of the investment that the creditor achieved on the loan

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