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On february 4th John borrowed ksh 3,000/=. He paid ksh 1,000/= on April 21st,Ksh 600/= on may 12th and ksh 700/= on June 11th. (a)what

On february 4th John borrowed ksh 3,000/=. He paid ksh 1,000/= on April 21st,Ksh 600/= on may 12th and ksh 700/= on June 11th. (a)what is the balance due on August 15th using the Merchant's rule? (b)What is the balance due on August 15th declining Balance method?

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