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Please fill in the blanks (1) ~ (6). Thank you! On the monthly repayment. Question1(Default Points: 1 points) Assume that you borrow 35million JPY from
Please fill in the blanks (1) ~ (6). Thank you!
On the monthly repayment. Question1(Default Points: 1 points) Assume that you borrow 35million JPY from some bank repay 150,000 JPY monthly under the plan of total equally payment. Case 1: If the annual interest rate is 3.0%, the repay exit is ie (1) months = |(2) years and |(3)months at itis (4) months= (5) years and (6) months a Case 2: If the annual interest rate is 3.6%, the repay exit isStep by Step Solution
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