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A loan of $9523 is to be repaid monthly over 5 years, with an interest rate of 9.5% p.a. Calculate the required monthly repayments, and,
A loan of $9523 is to be repaid monthly over 5 years, with an interest rate of 9.5% p.a.
Calculate the required monthly repayments, and, the total amount of interest paid over the life of the loan.
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Enter your answer as 2 decimal numbers with no dollar signs, separated by a comma [no spaces]; e.g. for $122.35 as the repayment, and $950 as the interest, enter: 122.35,950.00
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