Mr. Bett wants to buy a flat screen TV set on hire purchase. The cash price is sh. 28,000. He can pay the cash Price...

Mr. Bett wants to buy a flat screen TV set on hire purchase. The cash price is sh. 28,000. He can pay the cash Price or make a down payment of sh. 8,000 and 15 monthly installments of sh. 2000 each. Calculate the rate of interest charged per month.

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sharon kalunda answered the question on August 28, 2019 at 10:27

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