PLEASE PROVIDE WORKINGS TO THE SOLUTIONS. Anna and Bob have decided to buy an apartment. The cost of the apartment is R

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PLEASE PROVIDE WORKINGS TO THE SOLUTIONS. Anna and Bob have decided to buy an apartment. The cost of the apartment is R

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PLEASE PROVIDE WORKINGS TO THE SOLUTIONS.
Anna and Bob have decided to buy an apartment. The cost of the apartment is

RM150,000. They can get a 25-year mortgage at 8% and plan to make a down

payment of 20% of the selling price. What will be their monthly mortgage payment?
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