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A company borrows $125,000 from a bank at 7.2% per annum to be fully amortised over six years. The monthly instalment is: A. $1,861.11 B.

A company borrows $125,000 from a bank at 7.2% per annum to be fully amortised over six years. The monthly instalment is: A. $1,861.11 B. $2,143.15 C. $7,274.21 D. $26,386.61

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