Margarita borrows R10,000 from her uncle and agrees to repay it in monthly instalments of R200. Her uncle charges 0,5% interest per month on the balance. How long will it take her to repay all the money?
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Margarita borrows R10,000 from her uncle and agrees to repay it in monthly instalments of R200. Her uncle charges 0,5% interest per month on the balance. How long will it take her to repay all the money?
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