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  1. R

    Unsure about how to do specific questions regarding loans. (Consumer Arithmetic)

    thanks so much for your reply/reasoning, it really helped!
  2. R

    Unsure about how to do specific questions regarding loans. (Consumer Arithmetic)

    Does anyone know how to do any of these? Please provide working out :) Questions were taken from Mathscape 10 extension. 1) In each case, the loan amount is $100000 and the interest rate is 9.25% p.a. monthly reducible. Chris makes one payment of $822 per month, while his sister Rita makes...
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