Question: : 13. Section B: PTPTN Once you have secured a job, you would like to start to pay for your PTPTN loun. At the moment,

 : 13. Section B: PTPTN Once you have secured a job,

: 13. Section B: PTPTN Once you have secured a job, you would like to start to pay for your PTPTN loun. At the moment, the loan is subject to 3.00% per annum compounded monthly. However, there is an option to migrate your loan to Ujrah loan. a) Identify the type and amount of the interest rate for Ujrah loan. b) Calculate the monthly payment amount for both interest rate to be paid in 10 years period, assuming you get a full loan of RM15,300 for the whole period of your diploma. c) Then, calculate the total payment and total interest paid. d) which rate gives you lower monthly payment amount and how much interest you saved in total? Show all necessary calculations. : 13. Section B: PTPTN Once you have secured a job, you would like to start to pay for your PTPTN loun. At the moment, the loan is subject to 3.00% per annum compounded monthly. However, there is an option to migrate your loan to Ujrah loan. a) Identify the type and amount of the interest rate for Ujrah loan. b) Calculate the monthly payment amount for both interest rate to be paid in 10 years period, assuming you get a full loan of RM15,300 for the whole period of your diploma. c) Then, calculate the total payment and total interest paid. d) which rate gives you lower monthly payment amount and how much interest you saved in total? Show all necessary calculations

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