a dept of $25,000.00 is to be repaid by monthly instalments of $400.00. how many months will it take to repay the dept?
Answers
Answered by
0
Answer:
About 62 and a half months
Step-by-step explanation:
Answered by
0
Answer:
62.5 days
Step-by-step explanation:
a dept of $25000 is to be repaid monthly installment = $400
let K months will take to repay the dept.
then,
K × 400 = 25000
K = 25000 ÷ 400
K = 62.5 Months
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