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8. Charles owns a cyber game arcade. A firm developed a new line of games and offered low interest financing to encourage arcade owners such

8. Charles owns a cyber game arcade. A firm developed a new line of games and offered low interest financing to encourage arcade owners such as Charles to install the new games. Charles was able to finance RM 60,000 worth of games for 10 months at simple interest rate of 4% p.a.. (a) How much interest did Charles pay? (b) What was the total amount Charles would repay

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