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Andrew is a loan officer of Bank AA . A bank s customer has requested Andrew to present to him how his RM 2 0
Andrew is a loan officer of Bank AA A banks customer has requested Andrew to present to him how his RM personal loan is going to be repaid by monthly installments based on an interest rate of pa
i Calculate the monthly repayment amount and complete the following loan amortization schedule.
Year
Beginning
Value
Repayment
amount
Interest
paid
Principal
paid
Ending
Value
Do calculate till the months. Give the full details of the loan repaid.
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