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Sagot :
Answer:
(i) $150,000 (ii) $129,600 (iii) $279,600 (iv) $129,600
(v) 86.4%
Step-by-step explanation:
(i) 20% = $30,000
100/20 = 5
cash price =$30,000 *5
=$150,000
(ii) Installment per month= $3600
12 months =$3600*12
=$43,200
Per year =$43,200
3 years =$43,200*3
=$129,600
(iii) Cash Price = $150,000
Installment = + $129,000
Total Payment = $279,000
(iv) Total Payment = $279,000
Cash Price = - $150,000
Money Saved = $129,600
(v) Amount saved as a % cash price = $129,600 *100
150,000
= 12,960,000
150,000
= 86.4%
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