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Determine the amount that amirul will have to pay

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Amirul borrowed RM4U,UDO in the form of education loan from ABC Bank. The payments are to be made in instalment basis at the end of year. The tenure of loan is for 8 years at an interest rate of 12% per annum. Determine the amount that Amirul will have to pay each year for 8 years?

Reference no: EM133116642

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