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Arti | 10:46 Thu 28th Apr 2011 | Business & Finance
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If someone gets a £2,000 loan and repayment is over 20 months, what is the total amount payable if interest is 5% APR ?
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Avatar Image R1Geezer
£2089 - assuming interest calculated monthly and updated monthly
15:52 Thu 28th Apr 2011
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Thanks.
16:49 Thu 28th Apr 2011

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