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After going over her budget, a dairy farmer has determined that she can afford to pay KES 632 per month towards a milk packaging machine.
- After going over her budget, a dairy farmer has determined that she can afford to pay KES 632 per month towards a milk packaging machine. She calls up her local bank and finds out that the going rate is 12% per month for 48 months. How much is she able to borrow and repay?
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