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You recently bought a house with a 10 year mortgage loan of TK 125,00,000. The lender charges 12% nominal interest. Mortgage payments are made at

You recently bought a house with a 10 year mortgage loan of TK 125,00,000. The lender charges 12% nominal interest. Mortgage payments are made at the end of each quarter. How much total interest you have to pay (in TK) on this mortgage loan? If you like to pay off the loan after one year what will your last payment amount (in TK) be?

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