#Consumer mathematics

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modern creek
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Encik Zaidi buys a flat worth RM210 000 on credit. He pays a down payment and the balance is paid in instalments over 15 years. The flat interest rate charged by the bank is 3.5% per annum. If Encik Zaidi has to pay RM1000 instalment per month, calculate the down payment that he paid.

cursive swanBOT
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#
  1. Wait patiently for a helper to come along.
  2. Once someone helps you, say thank you and close the thread with:
+close
  1. Feel free to nominate the person for helper of the week in #helper-nominations
  2. Do not ping the mods, unless someone is breaking the rules.
  3. If you're happy with the help you got here, and the server overall, you can contribute financially as well:
modern creek
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