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SIA has purchased a new Boeing for $ 725m. It paid $25m as down payment and paid the balance by a loan from Maybank. The

SIA has purchased a new Boeing for $ 725m. It paid $25m as down payment and paid the balance by a loan from Maybank. The loan is to be paid on yearly basis for six years charging 7 percent interest. How much is the yearly payment? Prepare amortization Schedule.

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