Mr . Fatih wants to buy a house for 1 5 0 0 0 0 0 TL
Fantastic news! We've Found the answer you've been seeking!
Question:
Mr Fatih wants to buy a house for TL using a loan, the loan interest is percent annually and he can get the loan for a period of months to months. According to this :
A If he uses a year loan and wants to pay a maximum of TL per month, how much should Mr Fatih pay for the house in cash?
B What will be the effective interest rate if the maturity in interest calculations is monthly?
C What is the real interest rate on the loan if annual inflation is percent?
D If he pays TL in cash and pays the rest as TL monthly, in how many months will it take to repay the loan?
E If Mr Fatih pays TL every month for years without making any down payment, what will be the annual nominal interest for the loan he received from the bank?
Related Book For
Posted Date: