Ali wants to buy a detached house at RM110,000. the developers require 10% as a deposit and suggests that the balance can be bor

Question

3 years ago

11

Ali wants to buy a detached house at RM110,000. the developers require 10% as a deposit and suggests that the balance can be bor

rowed from a finance company which offers interest at a rate of 7.5% per year for 20 years. Apart from that, Ali was charged some additional fee such as legal fees and insurance of RM2500 and RM1700 respectively. You are required to calculate: Total interest charged Total loan Monthly payment

Mathematics

1 answer:

Andrew [12] · Answer 1 · 2022-05-31T09:57:50+03:00

Andrew [12]3 years ago

7 0

We will give RM 35000