Question: Question No. 2: Loan Amortization (10marks) You are borrowing a loan from Sohar Bank of 14832 OMR at a compound annual Interest rate of 1%.

Question No. 2: Loan Amortization (10marks)

You are borrowing a loan from Sohar Bank of 14832 OMR at a compound annual Interest rate

of 1%. Question: Amortize the loan if annual payments are made for 5 years.

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