A Cooperative Society, charges an interest of 51/2% per annum on any amount borrowed by its members. If a member borrows N125,000, how much does he pay back...

Assessment: WAEC SSCE - General Mathematics - 2004 (Objective) Subject: General Mathematics

Question 1 Report

A Cooperative Society, charges an interest of 51/2% per annum on any amount borrowed by its members. If a member borrows N125,000, how much does he pay back after one year?

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