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4.1.6 Miriam took a bond of R250000 over a 25 year period at 10% per...

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Finance

$4.1.6$ Miriam took a bond of R $250 000$ over a $25$ year period at $10 %$ per annum. What will the customers outstanding balance be after $12$ years if she makes monthly instalments?

a $)$ R $1 654, 43$

b $)$ R $52 085, 57$

c $)$ R $197 913, 98$

d $)$ R $275 046, 43$

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