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Mathematics, 22.02.2021 19:30 marbo1
4. A housewife purchased a video recorder with a cash price of $2700
under hire purchase terms. She paid an initial deposit of 20% of the
cash price and interest is 18% per annum on the outstanding balance
charged. The amount payable is paid in 12 equal monthly
instalments.
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4. A housewife purchased a video recorder with a cash price of $2700
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