george is keen to buy a laptop adevertsied for $2500 in the internet, There is an option of paying a 10% deposit then making 24 monthly payents using a hire-purchase agreement where interest is calculated at 8%per annum simple intereset. Calculate what george's monthly payments will be.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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george is keen to buy a laptop adevertsied for $2500 in the internet, There is an option of paying a 10% deposit then making 24 monthly payents using a hire-purchase agreement where interest is calculated at 8%per annum simple intereset. Calculate what george's monthly payments will be.

 

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