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You have the following information. How much does the borrower need to pay per month? - Loan amount is RM 225,000. - 8% interest rate
You have the following information. How much does the borrower need to pay per month?
- Loan amount is RM 225,000.
- 8% interest rate compounded quarterly.
- Period: 8 years.
- Payment made at the end of each month.
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