Knight Dunn
04/05/2023 · Elementary School
b) Ish Faliq took a loan of RMX from Bank ODBC at the interest rate of \( 6.45 \% \) compounded every three months. After 8 years and a half, the amount to be paid is RM 52, 278.47 i) Calculate the value of X . ii) Find the amount of interest charged. (4 marks) QUESTION 2
Upstudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
i) The value of \( X \) is approximately RM 29,952.00.
ii) The amount of interest charged is approximately RM 22,326.47.
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit