monika buys a samasung refrigerator for 42000 she makes a down payment of 12000 and the remaining amount in 4 equal half early installment if agency charge intrest of 10 %per annum approximately what amount monika has to pay every six month
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i am not sure about the answer......forgive me...sorry
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Answer:
9000
Step-by-step explanation:
Total price :42000
Down Payment:12000
Remaining price:42000-12000=30000
Intrest=10%p.c.p.a
therefore interest on 2 years =6000
Therefore, intrest =36000
Therefore, 36000÷4 instalment
=9000
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