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Suppose you want to buy a home now, for which you will borrow 300,000 TL from a bank at monthly interest rate of 0.75%

 

Suppose you want to buy a home now, for which you will borrow 300,000 TL from a bank at monthly interest rate of 0.75% per month. If the money is to be paid back monthly in 120 months, what will be the uniform monthly payments during the 120 months?

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