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Kibet took a co-operative loan which is charged at 12% p.a. Compound interest to be repaid in three years. If in each month he repays...

      

Kibet took a co-operative loan which is charged at 12% p.a. Compound interest to be repaid in three years. If in each month he repays sh.11,240; how much was the loan that he had taken from the co-operative to the nearest thousand.

  

Answers


sharon
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sharon kalunda answered the question on August 30, 2019 at 10:32


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