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Suppose you obtain a consumer credit of 160,000 TRY from the bank with an annual interest rate of 13.4 % and a payback period of

Suppose you obtain a consumer credit of 160,000 TRY from the bank with an annual interest rate of 13.4 % and a payback period of 6 years. What are your monthly payments if the payments are to be made at the end of each month?

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