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Please fill in the blanks. Assume that you borrow 2million JPY from some bank and repay under the plan of monthly total equally payment for
Please fill in the blanks.
Assume that you borrow 2million JPY from some bank and repay under the plan of monthly total equally payment for 360 month. Correction: 1st version of the sooring system of (1) and the problem (2) itself were wrong. They were corrected at 15:00, 27 May. However, all the students who tried at least one of these 2 version will get the 2 points by the instructor (1) Under the system of 6% annual compound interest, the common monthly payment is greater thanx (2) Under the system of 3% annual compound interest, the common monthly payment is greater than x (JPY, should be integer). (JPY, should be integer)Step by Step Solution
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