Question: please add explanation with it. QUESTION 4 If you are approved for a loan at 3.49 p.a., and you borrow $16,200 how much interest will

please add explanation with it.
QUESTION 4 If you are approved for a loan at 3.49 p.a., and you borrow $16,200 how much interest will you be charged if the loan is for 11 months
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
