Home > My modules > Faculty of Science Department of Mathematics and Applied Mathematics > MACVI01/MACC101: Mat > 2022 Re-Assessment Time left 1:22:09 Question 3 Answer saved Marked out of 2.00 Flag question Jhy A loan of R250 000 is secured at an interest rate of 14% p.a. (cm) and will be amortized by equal monthly payments of R3 108,80 over a period of 20 years. Which portion of 75 payment pays off the interest and which portion reduces the capital? Interest 453.29 Debt reduction portion 2655.5)
