Question: rying to understand the theory and it will help you earn the grade you want. Question 2 1 pts RB Holdings Led borrowed $154,471 to

rying to understand the theory and it will help you earn the grade you want. Question 2 1 pts RB Holdings Led borrowed $154,471 to buy a new factory closer to the main transport hub to make distribution of their product easier. The bank applied an interest rate of 8.62% p.a compounding monthly. The loan was approved over 9 years. Calculate the loan repayments correct to TWO decimal places (Ignore $ sign and cashflow direction). Previous Next Not saved Subm

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