Wayne borrowed sh. 50,000 from a bank that charged compound interest at the rate of 12% p.a. How much did she pay back at the end of 30 months?

asked Mar 3, 2023 78.7k views

2 votes

Wayne borrowed sh. 50,000 from a

bank that charged compound interest
at the rate of 12% p.a. How much did
she pay back at the end of 30 months?

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2 votes

Answer:15000

Step-by-step explanation:50,000 x 0.12=6,000 X 2=12,000

6000 divided by 2= 3,000

12 + 12=24+6=30

IvanH answered Mar 9, 2023

by IvanH

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