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2. Aiman borrows RM750 for 5 months from Bank ABC who charges a 9% simple discount rate. (a) How much money does Aiman receive? (b)

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2. Aiman borrows RM750 for 5 months from Bank ABC who charges a 9% simple discount rate. (a) How much money does Aiman receive? (b) What size of loan should Aiman ask for in order to receive RM1,200 cash? (c) What is the equivalent simple interest rate he pays on the loan

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