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Loan Interest - Business - Nairaland

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Loan Interest by nwabuwa: 5:27am On Jan 11, 2020
how much is paid monthly on 350000 loan for 2years at the rate of 2.5%
Re: Loan Interest by Kenni700(m): 6:51pm On Jan 11, 2020
You are to pay N8,750 monthly.
In 24 months=N210,000.

N210,000 + N350,000=N560,000.

I hope you understand?
Re: Loan Interest by nwabuwa: 6:37pm On Feb 07, 2020
That's huge, thanks a lot..

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