Mathematics, 16.10.2020 04:01 AM28
A couple realizes a real estate financing of R $ 180,000.00, to be paid in 360 monthly installments, with an effective interest rate of 1% per month. The first installment is paid one month after the funds are released and the monthly installment is R $ 500.00 plus 1% interest on the outstanding balance (amount due before payment). Note that, with each payment, the outstanding balance is reduced by R $ 500.00 and consider that there is no arrears. By making the payment in this way, the amount, in reais, to be paid to the bank in the tenth installment is
a) 2,075.00.
b) 2,093.00.
c) 2,138.00.
d) 2 255.00.
e) 2 300.00.
Answers: 1
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