David have just borrow $80000 from a bank at an interest rate of 12%p.a.compounded monthly. If he repays $25000 at the end of each month,how much hill he owe the bank at the end of the thrid month?
Mary deposited some money at the bank.She earned $720 simple interest in 18months. If the interest rate was 12%%p.a.,find the principal
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