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Max takes a loan of RM 5 0 , 0 0 0 from HSBC Bank. The rate of interest is 1 0 % per annum.
Max takes a loan of RM from HSBC Bank. The rate of
interest is per annum. The first installment will be paid at
the end of year Determine the amount of equal annual
installments if Max wishes to repay the amount in five
installments. Show the calculation in detail. Attach the answer
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