Answer:
Step-by-step explanation:
Since there are 12 months in a year, we can convert this into months:
0.282 years ×12
months/year ≈ 3.384 months
0.282 years×12 months/year≈3.384 months
Since it's not a full month, we round up to the next whole month.
Thus, the loan will be worth R4500 approximately 3 months and a few days after May. So, we can say it will be worth R4500 around August.