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Section B (2 Mark)What is the outstanding balance at the 23rd payment interval of a...

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Section B (2 Mark)

What is the outstanding balance at the 23rd payment interval of a 16-year loan for Rs11 234 with semi-annual payments and an interest rate of 7.95% compounded quarterly?

A.

Rs. 4678.84

B.

Rs. 4866.67

C.

Rs. 4498.26

D.

Rs. 9341.75

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AAFM CWM_LEVEL_2 Summary

  • Vendor: AAFM
  • Product: CWM_LEVEL_2
  • Update on: Jul 30, 2025
  • Questions: 1259
Price: $52.5  $149.99
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TESTED 02 Aug 2025