MATHEMATICAL LITERACY LEARNER NOTES TERM 1

3. What does the term debit mean in the context of the question? It is the amount of money that the borrower owes the bank/loan organisation . (2) 4. Determine A, the initial fee. R5 250 ×1,14 = R5 985,00 OR R5 250 + (100 14 × R5 250) = R5 250 + R735 = R5 985,00 OR ................
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