Question

4.-
A microwave oven is purchased by Emma on paying a cash down payment of
2800 along with 2 equal annual instalments of 32420 each. If the rate of interest
charged under the instalment plan was 10% per annum, compounded annually
find the cash price of the article.​

Answer 1

Answer:

2× 2800= 5600

5600 + 32420 = 38020

sp = 38020

its the answer.........