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Draw the cash flow diagram

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A N2.5 million loan was originally made 8% simple interest for 4 years. At the end of this period the loan was extended for 4 years, without the interest being paid, but the new interest rate was made 10% compounded semi-annually, How much should the borrower pay at the end of the 8 years? Draw the cash flow diagram.

Reference no: EM132694262

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