Mathematics, 08.03.2021 17:10, smelcher3900

The marked price of a car is $49500. A person can pay a deposit of 30% and simple interest at 12% annum is charged on the outstanding balance. The total amount payable is to be paid in 2.5 years. calculate: a). The amount of each instalment.
b). The hire purchase of the car.

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The marked price of a car is $49500. A person can pay a deposit of 30% and simple interest at 12% an...