Question: Please provide Handwritten answer 3. Frans buys a TV on hire purchase for R3 500 over a 3 year period. The R500 that he receives

Please provide Handwritten answer

3. Frans buys a TV on hire purchase for R3 500 over a 3 year period. The R500 that he receives for his old TV serves as a deposit. Interest is calculated at 13% p.a. Calculate his monthly payment if an additional R25 insurance per month is also due
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