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Sandra has just borrowed $40,000 to purchase a new van from ANZ Bank. ANZ Bank is charging 11.50% p.a. compounded weekly on automobile loans. How
Sandra has just borrowed $40,000 to purchase a new van from ANZ Bank. ANZ Bank is charging 11.50% p.a. compounded weekly on automobile loans. How much must Sandra repay each week for a loan over 4 years?
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