Ask Singapore Homework?
Upload a photo of a Singapore homework and someone will email you the solution for free.
See 1 Answer
done
{{ upvoteCount }} Upvotes
clear
{{ downvoteCount * -1 }} Downvotes
We express the interest charged as a percentage of the balance to be charged on.
I assume that the interest is charged on a simple interest basis so I divide by 2 at the end for a per year percentage.
I assume that the interest is charged on a simple interest basis so I divide by 2 at the end for a per year percentage.
Date Posted:
4 years ago