Nadia bought a bedroom set at RM 2 , 7 2 7 cash by installment. She was
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Question:
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
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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