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. The annual repayments of a home loan with a loan amount is $320,000, interest rate of 3.15%, and a term of 30 years is:
. The annual repayments of a home loan with a loan amount is $320,000, interest rate of 3.15%, and a term of 30 years is: O a) $16,645 (b) $14,976 O c) $16,325 O d) $15,290
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To calculate the annual repayment of a home loan we use the standard formula for loan repayments whi...
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
