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nt Tips Question 2 1 points Saving Answer On 1 July, XYZ Trading obtained a loan (received the funds into their bank accounts) of R

nt Tips Question 2 1 points Saving Answer On 1 July, XYZ Trading obtained a loan (received the funds into their bank accounts) of R 400 000. The interest rate on the loan is 6% per annum. The loan will be repaid annually in arrears, over 7 years. What is the value of the repayment that will have to be made at the end of every year? OR 2 400 003 OR 67 598 OR 342 858 R 71 654

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