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A loan is to be repaid over 30 years, with month-end repayments of 8,000. If the interest rate is 6.7% pa. compounded monthly Calculate the interest paid for year 10. Correct your answer to the

A loan is to be repaid over 30 years, with month-end repayments of 8,000. If the interest rate is 6.7% pa. compounded monthly Calculate the interest paid for year 10. Correct your answer to the nearest cent without any units. (Do not use "S" or ","in your answer. e.g. 12345.67)

Apr 14 2021 View more View Less

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