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George takes a loan of RM30,000 from a bank. The bank charges an interest rate of 7.5 % per annum compounded monthly. She agrees to
George takes a loan of RM30,000 from a bank. The bank charges an interest rate of 7.5 % per annum compounded monthly. She agrees to repay her loan by making two equal payments at the end of the second year and the fourth year. Find the repayment amount.
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