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JZ Co. borrowed RM300,000 to finance its business operation from RHB at an interest of 8.18% p.a. for 5 years. 1. Total interest charge is

JZ Co. borrowed RM300,000 to finance its business operation from RHB at an interest of 8.18% p.a. for 5 years.

1. Total interest charge is RM___________.

2. Total loan for the 5 years is RM___________.

3. Monthly installment is RM_________.

4. EAR of the loan is _________%.

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