A sofa set selling price is RM2000 Through an instalment plan the buyer paid RM400 down payment and agreed 10 monthly payment The interest charged is 8 per month, Find the followings using Annuity method a Monthly payment b Total interest charged c Instalment price ...

To calculate the monthly payment total interest charged and installment price using the annuity meth ...

A sofa set selling price is RM2000. Through an instalment plan the buyer paid RM400 down payment

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A sofa set selling price is RM2000. Through an instalment plan the buyer paid RM400 down payment and agreed 10 monthly payment. The interest charged is 8% per month,
Find the followings using Annuity method
a. Monthly payment

b. Total interest charged

c. Instalment price

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: Jun 16, 2023 07:16 AM

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A sofa set selling price is RM2000. Through an instalment plan the buyer paid RM400 down payment

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Income Tax Fundamentals 2013

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