The document shows a repayment schedule for a personal loan of Q.5,000 over 100 weekly payments. Each week Q.50 goes towards paying off the principal, Q.43 is charged in interest, and the total payment is Q.93. By making all 100 weekly payments of Q.93, the borrower will pay off the full Q.5,000 loan amount along with Q.4,300 in total interest charged.
The document shows a repayment schedule for a personal loan of Q.5,000 over 100 weekly payments. Each week Q.50 goes towards paying off the principal, Q.43 is charged in interest, and the total payment is Q.93. By making all 100 weekly payments of Q.93, the borrower will pay off the full Q.5,000 loan amount along with Q.4,300 in total interest charged.
The document shows a repayment schedule for a personal loan of Q.5,000 over 100 weekly payments. Each week Q.50 goes towards paying off the principal, Q.43 is charged in interest, and the total payment is Q.93. By making all 100 weekly payments of Q.93, the borrower will pay off the full Q.5,000 loan amount along with Q.4,300 in total interest charged.