Irmgard borrowed 7 million from her friend at a rate of 21% converted monthly 2...
80.2K
Verified Solution
Link Copied!
Question
Finance
Irmgard borrowed 7 million from her friend at a rate of 21% converted monthly 2 years ago. If no interest has been paid, how much will be needed to pay off the loan in three years time?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
