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c ) Metaverse FM Sdn Bhd is looking to buy one - unit permanent gondola system for high - rise building maintenance. The price for
c Metaverse FM Sdn Bhd is looking to buy oneunit permanent gondola system for high rise building maintenance. The price for a gondola is RM The company is looking to pay RM for the down payment and monthly instalment. The financing period is five years. The nominal interest rate is Calculate: i The monthly payment based on monthly compounding interest. ii The lump sum payment, if the company decided to pay off a lump sum of the remaining after the th instalment.
c Metaverse FM Sdn Bhd is looking to buy oneunit permanent gondola system for high rise building maintenance. The price for a gondola is RM The company is looking to pay RM for the down payment and monthly instalment. The financing period is five years. The nominal interest rate is Calculate:
i The monthly payment based on monthly compounding interest.
ii The lump sum payment, if the company decided to pay off a lump sum of the remaining after the th instalment.
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