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You just borrowed RM300,000 to buy a house. The interest rate is 8 percent per year. The loan is to be repaid in equal yearly payments over the next 30 years. The first payment is due next year. How

You just borrowed RM300,000 to buy a house. The interest rate is 8 percent per year. The loan is to be repaid in equal yearly payments over the next 30 years. The first payment is due next year. How much of the principal you would have paid off after the second annual payment?

Apr 05 2021 View more View Less

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