Mathematics, 14.07.2020 14:01 SmokeyRN

A sofa set costs $4800 and can be bought under a hire purchase plan. A 15% deposit is required and the remaining amount is to be paid in 24 monthly installments at a simple interest rate of 3% per annum. What is the amount to be paid in installment per month. *

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A sofa set costs $4800 and can be bought under a hire purchase plan. A 15% deposit is required and t...