Question: Please use compund interest formulas for this. Thanks. Any difficulties please refer to your lecturer QI (a) Robert has been making annual payments of RM2,

Please use compund interest formulas for this. Thanks. Any difficulties please

Please use compund interest formulas for this. Thanks.

Any difficulties please refer to your lecturer QI (a) Robert has been making annual payments of RM2, 500 to repay a college loan. He wishes to pay off the loan immediately after having made annual payment, and he has four payments on the loan remaining. With an annual compound interest rate 5%, how much should Robert pay? Draw the cash flow on this problem. (5 marks) ranlacing a soil measurement equipment

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