Rashid wants to buy a guitar.
The guitar he wants costs $1240. He can’t pay
this in a lump su...
Mathematics, 23.02.2021 03:50 mostman077
Rashid wants to buy a guitar.
The guitar he wants costs $1240. He can’t pay
this in a lump sum, but he can pay by monthly
installments.
He agrees to pay a deposit of 5% of the cost
price and then 12 monthly installments of $110
every month.
Work out how much Rashid will pay for the
guitar when he pays by monthly installments.
Answers: 3
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