Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele now is [1] R27 321,88. [2] R44 835,87. [3] R28 389,51 [4] R42 678,13. [5] R28 703,23
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Patric borrows money from Zanele at a simple discount rate of 9,75% per annum. He must pay him R35 000 in 27 months’ time. The amount of money that he receives from Zanele now is
[1] R27 321,88.
[2] R44 835,87.
[3] R28 389,51
[4] R42 678,13.
[5] R28 703,23
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