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You obtained a loan of $5,000,000 payable in 3 years, with an effective rate of 25% per annum, and semi-annual payments. Make the payment and
You obtained a loan of $5,000,000 payable in 3 years, with an effective rate of 25% per annum, and semi-annual payments.
Make the payment and amortisation table together with the semi-annual instalment.
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