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QUESTION 2 (20 MARKS) Firdaus wishes to borrow RM12,000 and she has two options of interest. If he decides to settle the loan in full

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QUESTION 2 (20 MARKS) Firdaus wishes to borrow RM12,000 and she has two options of interest. If he decides to settle the loan in full at the end of the 5-year period; I. Determine the better option by considering the interest charged for each option. (Hint: choose the best option that gives lowest amount of interest.)

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