Wishing LAWR a painful death
There is only word to describe the presentation: AWFUL.
I swear the tutors have fun torturing us and firing us questions that they know we don’t have answers to.
Seriously, was I supposed to think about the interest rate? This is law, not finance.
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It’s the kind of question that you are likely to get in real life, so my guess is that the tutors either expected you to have some understanding of the finance basics for this case or to give a reasonable answer despite your expected lack of expertise.