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WAMathematics ApplicationsQuick questions

Unit 4

Quick questions on Reducing-balance loans and amortisation in WACE Mathematics Applications Unit 4

1short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What are total interest as just the repayments?
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Total interest is total repayments minus the amount borrowed, not the sum of repayments.

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