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(a) To the closet year, how long will it take a Taka 10,000 investment to double if it earns 7 percent annual interest. (b) Assume

(a) To the closet year, how long will it take a Taka 10,000 investment to double if it earns 7 percent annual interest.

(b) Assume that you have taken a loan of Taka 25,000 at the rate of 10% for three years. Using the information prepare a loan amortization schedule?

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