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Note that after the payments on the 1st June 2009 the debts will be
100,000 (1+R) - P
where R is the interest rate and P is the payment.
The interest charged in the second year will be (1+R) lots of this amount
Debt Race
Age 16 to 18
Challenge Level 
Note that after the payments on the 1st June 2009 the debts will be
100,000 (1+R) - P
where R is the interest rate and P is the payment.
The interest charged in the second year will be (1+R) lots of this amount
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