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2.1 Mr Kandji has purchased a farm worth N$50,000 through the bank. He has decided to pay back the loan in yearly instalments over 5

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2.1 Mr Kandji has purchased a farm worth N$50,000 through the bank. He has decided to pay back the loan in yearly instalments over 5 years in arrears. If money is worth 8% p.a. Schedule these payments on an amortization table [12]

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