document.write( "Question 391963: I have to pay £32,120 to the Inland Revenue and they have allowed me to pay this at 3% per annum on monthly declining amount ( interest payable on outstanding amount only ) over a 12 month period.\r
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document.write( "They say that the total repayable is £35,628,09 with 12 monthly payments of £2,669.09. Is this correct at 3% \n" );
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Algebra.Com's Answer #278211 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! I get 2720.36 per month \n" ); document.write( " \n" ); document.write( " |