Mathematics, 04.06.2021 20:20 rexard

A video player is advertised at a price of $1200. It could be bought cash or by hire purchase.

Hire Purchase Option 1
Pay down $144 and $100 monthly for 12 months

Hire Purchase Option 2
Pay down 15% and $95 monthly for 12 months

Calculate the ACTUAL cost of the player if it is bought:
ii. On Hire Purchase Option 1
iii. On Hire Purchase Option 2

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A video player is advertised at a price of $1200. It could be bought cash or by hire purchase.

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