Question 2

Explanation

Calculating Loan Interest

Given:

• Principal loan ($M$) = $\text{Rp}3,000,000.00$
• Monthly interest ($i$) = $2\%$
• Loan duration ($n$) = $10$ months

The total interest amount is:

Calculating Monthly Installment

The total amount to be paid is the principal plus total interest:

Since the repayment period is $10$ months, the monthly installment is:

So, the money Panjul must deposit per month is $\text{Rp}360,000.00$.