Problem
If you are taking out a personal loan of RM100,000 with a flat rate interest of 5 5 percent over 10 years, calculate the amount of monthly installment you need to pay Briefly explain one reason why a personal loan may be a good choice. Common stocks give you the benefit of investing in a company with limited liability and a high earning potential. However, you are the last to get paid during liquidation and have less control over your investments. Explain two advantages of investing in common stock.