Mathematics, 28.06.2019 10:10, aspenbaxter201634

Kura works for 3 years and reduces her loan to $16 000. she decides to go overseas to samoa for a year to teach mathematics. while she is out of the country she does not pay any money towards her loan of $16 000. she will have to pay interest on her loan at a rate of 5.3% per annum for any days over 183 days. if kura is away for one year she will owe interest at 5.3% for 182 out of the 365 days of the year. how much will she owe in total to the government when she returns to new zealand?

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Kura works for 3 years and reduces her loan to $16 000. she decides to go overseas to samoa for a ye...