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Mathematics, 13.02.2022 14:00 lesok0818

Hi PLEASE help ME... Mrs Davids buys a fridge on Higher Purchase. The cash price is R12 500 but she agrees to buy the fridge on HP according to an agreement of R599 per month for 36 months.

a) What will Mrs Davids pay according to the Hire Purchase agreement?

b) Calculate the annual interest rate that Mrs Davids will pay.

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