Calculate the quarterly interest rate.
mrs Dunn managed to save R50000 as a part of R80000 deposit for a new car. her parents are willing to give her a loan of R30000 to be paid back with interest at c the end of 12 months at 8.4% p.a interest compounded quarterly

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21-06-2024
Mathematics

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Calculate the quarterly interest rate.
mrs Dunn managed to save R50000 as a part of R80000 deposit for a new car. her parents are willing to give her a loan of R30000 to be paid back with interest at c the end of 12 months at 8.4% p.a interest compounded quarterly

Sagot :

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