Question

A printer is priced at $450. A man buys the printer on hire purchase according to the following terms,downpayment of 15% and the remaining to be paid in monthly instalments over 18 months at
simple interest rate of 12% per annum. Find
(i) his monthly instalment
(ii) the total amount the man pays for the printer.​​

Answer 1

Answer:

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Step-by-step explanation:

1. $67.15
2. $1208.7