7. Alvin took a loan from a bank that charged a simple interest rate of 14% per annum for duration of 18 months. If the interest paid wasRM4,200, how much was the loan? 8. On 15 October 2019, Hud took a personal loan of RM8,000 from a bank that charged a simple interest rate of 11% per annum. The loan was settled on 20 March 2020 . Find i. the term of the loan in days using exact time ii. the amount paid on 20 March 2020 using Banker's Rule