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A loan is to be repaid over 30 years, with month-end repayments of 8,000. If the interest rate is 6.7% pa. compounded monthly Calculate the

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A loan is to be repaid over 30 years, with month-end repayments of 8,000. If the interest rate is 6.7% pa. compounded monthly Calculate the interest paid for year 10. Correct your answer to the nearest cent without any units. (Do not use "S" or ","in your answer. e.g. 12345.67)

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