Question: Task (following on from the previous part): Find the amount of the loan that has been repaid after 30 months. Answer: The loan outstanding

Task (following on from the previous part): Find the amount of the loan that has been repaid after 30 months. Answer: The loan outstanding

Task (following on from the previous part): Find the amount of the loan that has been repaid after 30 months. Answer: The loan outstanding after 30 months is Hence [Select] [Select] [Select] ha L (1 + i)^t-x [_(s=1)^t (1-i)^s me. L (1 + i)^t +x_(s=2)^t (1+i)^s x.a_30] a_30] Task (following on from the previous part): Find the amount of the loan that has been repaid after 30 months Answer: The loan outstanding after 30 months is Hence [Select] [Select] 1744.12 1644.12 1603.69 1703.69 [Select] has been repaid at that point in time.

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