Question: a . Nadia bought a bedroom set at RM 2 , 7 2 7 cash by installment. She was charged an interest of 1 5
a Nadia bought a bedroom set at RM cash by installment. She was charged an interest of based on the reducing balance. She has to pay a down payment of RM and equal payments for years. Find;
i the monthly payment using the Constant Ratio Formula,
ii the installment price,
iii. the amount of the outstanding balance just after the th payment using Rule of
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