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A 6-year car loan charges flat rate at 2.5% per annum, to be repaid by a monthly annuity-due. Calculate the ENR in monthly rest of
A 6-year car loan charges flat rate at 2.5% per annum, to be repaid by a monthly annuity-due. Calculate the ENR in monthly rest of the loan. If the borrower decides to redeem early after 12, 24, 36, 48, 60, and 72 payments, calculate the ENR in monthly rest charged over these periods
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