Find the amount due on a loan of 14 000 at 12 interest compounded annually for 5 years

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Pure mathematics is the world's best game. It is more absorbing than chess, more of a gamble than poker, and lasts longer than Monopoly. It's free. It can be played anywhere - Archimedes did it in a bathtub.

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Latest exam Aptitude Question SOLUTION: Find the amount due on a loan of $14,000 at 12%interest compounded annually for 5 years.

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Maths Puzzle

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