A house costing RM 120,000 cash is purchased by making a down payment of RM 40,000 and

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A house costing RM 120,000 cash is purchased by making a down payment of RM 40,000 and the balance is to be settled by making 120 monthly payments at 6% compounded monthly. (a) Find this monthly payment.

(b) If the buyer intends to settle all of the loan by making a single payment immediately after seven years, find this single payment

Posted Date: May 19, 2024 06:09 AM

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A house costing RM 120,000 cash is purchased by making a down payment of RM 40,000 and

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