2. You buy a motorbike in monthly installments of IDR 235,000 for 3 years, the credit interest at that time is 30% per year which is calculated with an annuity. Late in installments subject to a fine of 1.0% per month of the installment amount a. if the vehicle is paid in cash what is the price of the vehicle. b. if you not paying in the 11th to 15th installments how much to pay in the 16th installment? Please step by step course : actuary

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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2. You buy a motorbike in monthly installments of IDR 235,000
for 3 years, the credit interest at that time is 30% per year which
is calculated with an annuity. Late in installments subject to a
fine of 1.0% per month of the installment amount
a. if the vehicle is paid in cash what is the price of the vehicle.
b. if you not paying in the 11th to 15th installments how much
to pay in the 16th installment?
Please step by step
course : actuary
Transcribed Image Text:2. You buy a motorbike in monthly installments of IDR 235,000 for 3 years, the credit interest at that time is 30% per year which is calculated with an annuity. Late in installments subject to a fine of 1.0% per month of the installment amount a. if the vehicle is paid in cash what is the price of the vehicle. b. if you not paying in the 11th to 15th installments how much to pay in the 16th installment? Please step by step course : actuary
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