You are working with a company which deals in sports goods and fitness equipment. Write a circular to your existing customers informing them of a new outlet your company has opened in ABC mall.
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5 The simple interest on a sum of money for 2 years at 12% per annum is 1380. Fi
(i) the sum of money.
(ii) the compound interest on this sum for one year payable half-yearly at the same
rate.
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