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Najwa took a RM30,000 car loan from Mudah Bank. The bank charged Najwa 2.5% interest and requires her to pay at the end of each
Najwa took a RM30,000 car loan from Mudah Bank. The bank charged Najwa 2.5\% interest and requires her to pay at the end of each year for 4 years. Calculate the yearly repayment amount, and complete the following loan amortization schedule. answer: RM7978.92 (show working) (10 marks)
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