Question: Try 4 0.645 Erma bought a house with down payment RM37500 and took loan at 4.5 % compounded monthly to finance the balance. She paid

Try 4 0.645 Erma bought a house with down payment RM37500

Try 4 0.645 Erma bought a house with down payment RM37500 and took loan at 4.5 % compounded monthly to finance the balance. She paid RM876.09 for 25 years by monthly instalment to settle the loan a) What is the cash price? (RM195117.63) 37580

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