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You will transfer your mortgage balance (1Million SEK) to another bank. The other bank charges no interest for the first 3 months, then the interest

You will transfer your mortgage balance (1Million SEK) to another bank. The other bank charges no interest for the first 3 months, then the interest for your debt will be 12% per year compounded monthly. If you are not making any payments at all to the bank, how much interest will you owe at the end of 9 months? (SHOW ALL FORMULAS AND CALCULATIONS)

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