Question

Question 6 of 50:
A machine was sold on hire purchase system
on 1st April 2007 $10,000 was paid on the spot
and rest post paid by four equal quarterly
installment of 22,000 each.the cash price of
machine was 90,000. The amount of interest
included in each installment among 1st, 2nd, 3rd
and 4th installment, was respectively

Answer 1

Explanation:

on 1st April 2007 $10,000 was paid on thefufgt