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Answer to Question #280972 in Math for Arvin Shopon

Question #280972

Hanna has taken an annuity of €140,000 to buy a new home- a loan. The term of the loan has been agreed for 12 years and the annual interest rate on the loan is set at 1,8 %. The loan is shortened monthly.

a) how big is the annuity of the loan?

b) how much of the loan is left after three years?

c) How Much Does Hanna pay in interest in total?


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