Mathematics, 08.08.2019 16:10 mileskamron979
4a.) the customer can buy under hire purchase agreement over a period of three years . a deposit of $1500 was required and finance charges at the initial balance at the rate of 20% per annum simple interest are added.
calculate:
i.) finance charges for the three years (3 marks)
ii.) the hire purchase price (2 marks)
iii.) the instalment per month (3 marks)
Answers: 1
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4a.) the customer can buy under hire purchase agreement over a period of three years . a deposit of...
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