Mathematics, 19.06.2021 14:00, jasonfavblueandblack

A bank charges 12% simple interest p. a on cash loans to its clients. Titos has asked for a R10 000 loan amount and has promised to repay the loan over 4 years.. 1.4.Calculate the interest which Titos should pay for the loan? 1.1.5. Calculate the total amount tito must pay back after 4 years. 1.1.6. Give one reason why people loan money from banks?

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A bank charges 12% simple interest p. a on cash loans to its clients. Titos has asked for a R10 000...