Mathematics, 21.06.2021 19:10, bhaven2005

The cash price of a Samsung Stereo system is $1899. The hire- purchase plan requires a deposit of $227.88 followed by 18 equal monthly instalments of $144.10 each. a) Calculate the amount paid for the stereo system when it is bought on hire purchase. Determine the difference between the cash price and the hire purchase price Calculate

the interest as a percentage of the cash price, correct to 3 significant figures.

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The cash price of a Samsung Stereo system is $1899. The hire- purchase plan requires a deposit of $2...