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Mathematics, 22.02.2022 05:20 DarcieMATHlin2589

Michael a farmer wants to buy a new tractor. The price of the tractor is 160 000 VAT excluded He can afford a deposit of R20000. He decides to buy the tractor on hire purchase over a period of 60 months with simple interest of 10%. What would he pay in total after 60 months?

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