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Aruthony borrows 568,685 from Sun and Moon Banka 43 compounded monthly and agrees to pay his loan by making equal payments every end of month for 5 years of the first payment is due at the end of 1 year, how much should Anthony pay monthly to settle his loan! Compute using the interest rate and compounding periodenRound off answers to 2 decimal places
Aruthony borrows 568,685 from Sun and Moon Banka 43 compounded monthly and agrees to pay his loan by making equal payments every end of month for 5 years of the first payment is due at the end of 1 year, how much should Anthony pay monthly to settle his loan! Compute using the interest rate and compounding periodenRound off answers to 2 decimal places
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