Peter would like to purchase a new house of 1,000,000 baht. He plans to take the housing loan from the bank for 10 years whereas the bank requires Peter to make a down payment of 20%. The bank will ch
1. Peter would like to purchase a new house of 1,000,000 baht. He plans to take the housing loan from the bank for 10 years whereas the bank requires Peter to make a down payment of 20%. The bank will charge interest rate at 12% but allows Peter to choose between making monthly repayments or annual repayments. How much is the annual repayments?2. Robert has […]