document.write( "Question 1196141: Please help with the homework:
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document.write( "Liza purchases an apartment by paying a deposit of R60000, and obtains a 20 year loan for the balance of R120000 at 20% interest rate per annum compounded monthly. After four and half years, the bank adjusts the interest rate to 18% per annum compound monthly. What is the new amount that he must pay if the term of the loan remains the same? \n" );
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Algebra.Com's Answer #828855 by ikleyn(52787)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Please help with the homework: \n" ); document.write( "Liza purchases an apartment by paying a deposit of R60000, and obtains a 20 year loan for the balance \n" ); document.write( "of R120000 at 20% interest rate per annum compounded monthly. After four and half years, the bank adjusts \n" ); document.write( "the interest rate to 18% per annum compound monthly. What is the new amount that he must pay if the term \n" ); document.write( "of the loan remains the same? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Who is \"he\" in your post ?\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |