SOLUTION: Consider the amortisation of Sam’s loan in question 16 above. What will the outstanding amount on Sam’s loan be after 3 years’ minimum payments have been made? Assume the interes

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Question 1114989: Consider the amortisation of Sam’s loan in question 16 above.
What will the outstanding amount on Sam’s loan be after 3 years’ minimum payments have been made?
Assume the interest rate stayed fixed for the whole period.

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
There is no question 16 above.
You have to provide all of the information from question 16.
Please repost.