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Pakistan Cables took out a loan of Rs. 450,000 from the bank. They paying it back over 35 years with payments monthly with interest rate
Pakistan Cables took out a loan of Rs. 450,000 from the bank. They paying it back over 35 years with payments monthly with interest rate of 13.5% p.a compounded monthly. Determine the balance on their loan now if they have made payments for 31 years.
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