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2. A customer of your bank comes for a car loan 10000 OMR. He is charged with an interest rate of 5% per year. The
2. A customer of your bank comes for a car loan 10000 OMR. He is charged with an interest rate of 5% per year. The customer expects a monthly repayment schedule from you, to plan his repayment. Provide a loan amortization schedule for monthly repayment of 1 year. (Amortization factor is 0.952 )
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