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Rami wishes to lend 120,000 payable for 10 years. He plans to pay his loan on a monthly basis. If the interest rate is 5.28%

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Rami wishes to lend 120,000 payable for 10 years. He plans to pay his loan on a monthly basis. If the interest rate is 5.28% compounded semi-annually, a. Compute for his monthly dues to be paid. b. Determine its interest after 10 years c. Find its corresponding simple interest rate for 8 years

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