An investor took a loan from a bank that charged interest. the loan and the interest accrued were repaid in monthly instalments.

An investor took a loan from a bank that charged interest. the loan and the interest accrued were repaid in monthly instalments.: An investor took a loan from a bank that charged interest. the loan and the interest accrued were repaid in monthly instalments. The investor repaid Ksh. 1500 in the first month and in each subsequent month the instalments were reducing by Ksh. 50 until t