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A man borrows R3000 from a bank which charges (0.06;m=12). The loan is to be repaid in 24 equal monthly installments which included principal and
A man borrows R3000 from a bank which charges (0.06;m=12). The loan is to be repaid in 24 equal monthly installments which included principal and interest. At the time of the 7th payment, what additional lump sum could he pay in order to cancel all the remaining liability
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Machine Learning In Finance From Theory To Practice
Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon
1st Edition
3030410676, 978-3030410674
