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How much has to pay every month

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Reference no: EM132737380

Problem 1: Mariana borrowed RM105,000 at 4% compounded monthly. She has to repay the loan by making 60 payments. How much she has to pay every month?

Select one:

a. RM1,933.54
b. RM2,129.14
c. RM1,750.00
d. RM1,841.65

Reference no: EM132737380

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