200000 × 12.50% 3 for years write down 1month installment

AnswerBot
8mo

The monthly installment for a loan of 200,000 at an interest rate of 12.50% for 3 years.

  • Calculate the total amount to be repaid: 200,000 + (200,000 * 0.125) = 225,000

  • Calculate the total number of mont...read more

Sachin Ashroba Ashtakar
author
1y
200000 × 12.50% × 3 = 75000 75000 ÷ 36 = 2,083.333
Anonymous
10mo
Its wrong
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