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Kabo saved P10, 000 with FNB for 5 years earning an interest rate of 10% per annum. Calculate the amount of money Kabo will receive
- Kabo saved P10, 000 with FNB for 5 years earning an interest rate of 10% per annum. Calculate the amount of money Kabo will receive at the end of 5 years:
- If simple interest was used?
- If compound interest was used?
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