Calculate quarterly loan repayment of nicole and keith

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Nicole and Keith borrow $500 000 at 6.1% pa compounding quarterly and agree to make monthly repayments for 20 years. Calculate their quarterly loan repayment.

Reference no: EM132743652

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Calculate quarterly loan repayment of nicole and keith : Nicole and Keith borrow $500 000 at 6.1% pa compounding quarterly and agree to make monthly repayments for 20 years. Calculate their quarterly loan repayment.
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