Hello all,

I am in challenge with my boss if i can solve this .. so i want sone
one to help me and then i will understand it and know how it works to
expecdt in==any futuire questions from him in this matter.

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.. If a company borrow 30,000,000 $ from a bank.

.. It will pay monthly to the bank 3,000,000 $

.. The period of the loan is 15 years.

.. By the end of the loan he will found that have paid 45,000,000 $.

.. The interest rate is not fixed but getting decrease every year.

= So he want to know how the interest rate will be in the first,
seconde and the third year ..until the year 15.

=================

So, i need toi know please how to do it .. i want to understand to be
ready for future questions.

Thanks very much,

Bassem