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A man settles a 3 year loan by repaying RM 10,326.70 to the finance company. If the interest charged by the finance company was 11.25%
A man settles a 3 year loan by repaying RM 10,326.70 to the finance company. If the interest charged by the finance company was 11.25% compounded annually, what was the amount of the loan.
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
