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The hire purchase price for a refrigerator is $6500. A deposit of $500 is made and the remainder is paid in equal monthly payment of $250. Calculate the number of monthly payments that must be made. If the cash price is $4000, express as a percentage of the cash price, the extra cost of buying on hire purchase
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The hire purchase price for a refrigerator is $6500. A deposit of $500 is made and the remainder is...
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