(f) A calculator is sold under hire purchase term. A deposit of 560/- is required and a monthly installment of 450/- per month for one year. If the cash price of the calculator is 3820/-, find the difference between the cash and hire purchase price.
(f) A calculator is sold under hire purchase term. A deposit of 560/- is required and a monthly installment of 450/- per month for one year. If the cash price of the calculator is 3820/-, find the difference between the cash and hire purchase price.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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