Mohammed borrowed ₦2,500 at 4% p.a. compound interest. He repays ₦600 at the end of each year. Find out during which year the debt will finish.
Mohammed borrowed ₦2,500 at 4% p.a. compound interest. He repays ₦600 at the end of each year. Find out during which year the debt will finish.
5 years later
1years