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2-Jeffrey has just purchased a new car for 26 400. He borrows the money and will repay it in monthly instalments over 5 years. The

2-Jeffrey has just purchased a new car for 26 400. He borrows the money and will repay it in monthly instalments over 5 years. The interest rate is 8.4%/a, compounded semi-annually. Find the monthly payment.

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jeffrey has just purchased a new car for 26400 . He borrows the money and will repay it in monthly instalments over 5 years. The inrerest rate is \8.4, compounded semiannually. Find the montbly payment

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