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Suppose you obtain a consumer credit of 1,630,000 TRY from the bank with an annual interest rate of 12.3 % and a payback period of
Suppose you obtain a consumer credit of 1,630,000 TRY from the bank with an annual interest rate of 12.3 % and a payback period of 32 years. What are your monthly payment if the payments are to be made at the beginning of each month?
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