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QUESTION
tony owesR7000 due in twelve months time from now. An interest rate of 10% per annum, compounded monthly is applicable.Tony decides to pay Peter 6...
tony owesR7000 due in twelve months time from now. An interest rate of 10% per annum, compounded monthly is applicable.Tony decides to pay Peter 6 months fron now. how much will he save by paying him earlier.
