Mathematics, 22.04.2022 16:30 AceTest

Business mathematics. Mr Kula opens a shopfront where he will lend money to anyone ( without security) if they are willing to pay his interest rate of 2% per week compounded daily. The first customer borrows $5000 to buy a used car, but is unable to pay Mr Kula back for 12 weeks. How much will the customer have to pay back at this time?

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Business mathematics. Mr Kula opens a shopfront where he will lend money to anyone ( without secur...