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Angela borrows N100 000 at 21% per month simple interest and repays N20 000 after three months. How much is she owing now?​

Respuesta :

Annual interest=100000×21%=21000

  • Monthly interest=21000/12=1750

  • Three months interest=1750×3=5250

She paid=20000

  • Principal.paid=20000-5250=14750

She owing now=100000-14750=85250

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