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1. You are planning to buy a recondition F Premio car and for this purpose you have taken loan 1.5 million from Mutual Trust Bank.

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1. You are planning to buy a recondition F Premio car and for this purpose you have taken loan 1.5 million from Mutual Trust Bank. Loan repayment time is 10 years. Assume 9% per year interest rate is applied. If you pay back the loan in ten equal annual (per year) installments, how much will this installment be

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