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Determine the total interest amount Pretty will pay if she buy a TV directly from the manufacturer for R7 332.00 and agrees to repay it
Determine the total interest amount Pretty will pay if she buy a TV directly from the manufacturer for R7 332.00 and agrees to repay it in equal instalments over three years at the end of each month, starting one month from now. The interest rate is 10.7% per year, compounded monthly.
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