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Suppose that you have obtained 200.000 TL loan from a bank at an annual rate of 20% and with a maturity of 5 years. If

Suppose that you have obtained 200.000 TL loan from a bank at an annual rate of 20% and with a maturity of 5 years. If you have to pay equal amount of monthly installments, what would be the total interest amount to be paid to the bank at the end of the maturity?

a)110.738,80 TL

b)111.926,80 TL

c)116.738,80 TL

d)117.926,80 TL

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