Q+A Bank 1.2

Discussion in 'CA3' started by Snowy, May 20, 2009.

  1. Snowy

    Snowy Member

    Slide number 6 of the solutions - why is this a straight line going down for the loan repayments - should it not be more curved? - would we be lose marks if we put a straight line when it actually isn't?
     
  2. freddie

    freddie Member

    This slide is showing how the interest element of the monthly payment falls from £100 to practically zero. The lines are curves (!), but this isn't very clear because of the scale used.
     

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