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A DVD player whose cash price is sh. 15000 is bought on hire purchase by paying a deposit of sh 3000 and 12 monthly installments...

A DVD player whose cash price is sh. 15000 is bought on hire purchase by paying a deposit of sh 3000 and 12 monthly installments of sh. 1250 each. Calculate the rate of interest per annum.

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Kavungya
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Kavungya answered the question on November 5, 2019 at 08:45

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