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You need 480,000 to buy a flat. So, you go to the bank and ask for that amount. The bank offers an annual interest rate

You need 480,000 to buy a flat. So, you go to the bank and ask for that amount. The bank offers an annual interest rate of 9%, and the loan has to be paid back in 30 years, in constant monthly payments. Calculate how much youll have to pay back to the bank every month and how much youll pay in total .

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