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New Scenario 1. Following from Q3 where 48 monthly repayments have been made , the borrower decides to alter the repayment plan such that the

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New Scenario 1. Following from Q3 where 48 monthly repayments have been made , the borrower decides to alter the repayment plan such that the loan will be repaid fully by month 60 . Other things being equal , calculate the revised amount of fixed repayment for these last 12 repayments ( i.E ., from the 49th IFDaVINEnt to the GOth repayment )

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