What is the annual repayment of the loan
Problem
The entrepreneur took out a loan of 500,000 zlotys for 10 years with a fixed interest rate of 12% per annum. What is the annual repayment of the loan? We include the repayment of interest and capital contributions.
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The entrepreneur took out a loan of 500,000 zlotys for 10 years with a fixed interest rate of 12% per annum. What is the annual repayment of the loan?
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