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The long term loan was entered into on 1 May 2018. According tothe agreement the loan is repayable in 5 equal annum instalments on1 May

The long term loan was entered into on 1 May 2018. According tothe agreement the loan is repayable in 5 equal annum instalments on1 May each year, interest is to be paid annually at a rate of 18%pe 2 answers

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