Assume the situation of the previous task. However, this time you want to pay the loan's annual interest every year, even if you do not repay the whole loan in five years. How much are you saving after five years (from the time of taking the loan) compared to the situation in the previous assignment?



The annual interest will be QAR.



You will save: QAR

NB! Even more money can be saved if you pay off the loan in installments because there are fewer loans to repay.