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For the RM6300 amount borrowed, the repayment is scheduled to be over 2 year, to be paid monthly. Calculate the remaining unpaid loan after the

For the RM6300 amount borrowed, the repayment is scheduled to be over 2 year, to be paid monthly. Calculate the remaining unpaid loan after the 6th payment. The interest is 12% compounded monthly.

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SOLUTION Amortization Schedule for the given problem is given by Loan amount RM6300 Interest rate 12 ... blur-text-image

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