Get premium membership and access questions with answers, video lessons as well as revision papers.

An item that costs sh 24000 cash can be bought on hire purchase. A customer pays sh 6000 as deposit and then makes 6 monthly instalments...

      

An item that costs sh 24000 cash can be bought on hire purchase. A customer pays sh 6000
as deposit and then makes 6 monthly instalments of sh 3500 each. Calculate the monthly rate
of compound interest, giving your answer to 1 d.p.

  

Answers


sharon
52220191750.png
sharon kalunda answered the question on May 22, 2019 at 14:51


Next: Machine A can complete a piece of work in 6 hours while machine B can complete the same work in 10 hours. If both machines start...
Previous: Which is the chemical test to differentiate between alkenes and alkynes?

View More Mathematics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions