document.write( "Question 1196141: Please help with the homework:
\n" ); document.write( "Liza purchases an apartment by paying a deposit of R60000, and obtains a 20 year loan for the balance of R120000 at 20% interest rate per annum compounded monthly. After four and half years, the bank adjusts the interest rate to 18% per annum compound monthly. What is the new amount that he must pay if the term of the loan remains the same?
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Algebra.Com's Answer #828855 by ikleyn(52787)\"\" \"About 
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\n" ); document.write( "Please help with the homework:
\n" ); document.write( "Liza purchases an apartment by paying a deposit of R60000, and obtains a 20 year loan for the balance
\n" ); document.write( "of R120000 at 20% interest rate per annum compounded monthly. After four and half years, the bank adjusts
\n" ); document.write( "the interest rate to 18% per annum compound monthly. What is the new amount that he must pay if the term
\n" ); document.write( "of the loan remains the same?
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