To purchase equipment for his business, Ted paid $400 down and signed an installment contract that required
Question:
(a) What was the cash price of the equipment?
(b) How much was the cost of financing?
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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