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Abdullah is an employee with salary of 250-riyal. He wants to buy a new car worth RO 20,000. He decided to take a loan from
Abdullah is an employee with salary of 250-riyal. He wants to buy a new car worth RO 20,000. He decided to take a loan from the bank to buy the car.How much will be the monthly installment if he wishes to repay the loan within six years at a rate of 9%. and Do you recommend him buying this car?
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