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Firm-P44N borrowed $7 million to purchase office space. The loan requires monthly repayments over 24 years. The interest rate of the borrowing was 6.79 per
Firm-P44N borrowed $7 million to purchase office space. The loan requires monthly repayments over 24 years. The interest rate of the borrowing was 6.79 per cent per annum. Calculate the amount of monthly repayment. (Round the final answer to two decimal places. If your answer is $123456.789, write only '123,456.79.)
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