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theroyalty theroyalty
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2 years ago
You buy a house from your brother and promise to pay him the $25,000 down payment in 2 years with 1.25% simple interest. You decide to pay off the down payment early, in one year. What amount will settle the debt if money can earn 0.75%?

▸ $25,834.24

▸ $25,436.24

▸ $25,434.24

▸ $25,449.24

▸ $25,458.24
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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frithnefrithne
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2 years ago
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theroyalty Author
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Smart ... Thanks!
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