Jaslin bought an electric piano through an instalment plan in which she had to pay RM1000...
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Jaslin bought an electric piano through an instalment plan in which she had to pay RM1000 down. The balance was settled by making 36 monthly payments of RM100 each. If the dealer charged her an interest of 9% per annum on the original balance, find the cash price of the item. (6 marks) Jaslin bought an electric piano through an instalment plan in which she had to pay RM1000 down. The balance was settled by making 36 monthly payments of RM100 each. If the dealer charged her an interest of 9% per annum on the original balance, find the cash price of the item. (6 marks)
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To find the cash price of the item we can use the information provided in the question 1 Jaslin paid ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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