1. Math
2. Statistics And Probability
3. how much money does matthew have to repay each period...

# Question: how much money does matthew have to repay each period...

###### Question details

How much money does Matthew have to repay each period if he borrows $248746 for 14 years at 11% p.a. in interest compounded every 6 months Provide your answer to two (2) decimal places and do not include '$' signs, commas or full stops (periods).