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16. A serial loan of NOK 2,500,000 with an annual interest rate of 3.8% must be repaid semi-annually over 10 years. What is the installment

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16. A serial loan of NOK 2,500,000 with an annual interest rate of 3.8% must be repaid semi-annually over 10 years. What is the installment and interest rate in the second half of year 7? Both amounts must be displayed

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