Omar borrows AED 3,000,000 to be repaid over 10 years at 5% interest rate annually. Calculate the total interest paid. [

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answerhappygod
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Omar borrows AED 3,000,000 to be repaid over 10 years at 5% interest rate annually. Calculate the total interest paid. [

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Omar borrows AED 3,000,000 to be repaid over 10 years at 5% interest rate annually. Calculate the total interest paid.
[hint: loan with instalments]
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