From Chris: I have a sum of cash that I want to use as a deposit ($ 5 000) and a lender will lend me 65% of the purchase price. How do I calculate the maximum value I can borrow?
Answered by Stephen La Rocque.
From Penny: Brian wants to borrow some money from Margaret.
After three years he is to pay X back plus one interest sum of 25%. If he is pays back a total of $3800, what was the original sum borrowed? Answered by Penny Nom.