The marked price is a car is $49 500. A person can pay a deposit of 30%

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The marked price is a car is $49 500. A person can pay a deposit of 30% and simple interest at 12% per annum is charged on the outstanding balance.

What would be the total amount payable has to be paid in 2.5 years ?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Sep 30, 2023 04:12 AM

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The marked price is a car is $49 500. A person can pay a deposit of 30%

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To find the total amount payable on the car in 25 years with a 30 deposit an... View the full answer

Income Tax Fundamentals 2013

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