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1 . Donald purchased a television set at RMX based on an installment scheme at Trexx Sdn Bhd . He paid RM 1 1 1
Donald purchased a television set at RMX based on an installment scheme at Trexx Sdn Bhd He paid RM as a down payment. The shop charged him an interest of per annum based on original balance. He has to pay RM per month for years. Determine X if X is a cash price. marks
A man purchased a car selling for RM cash by making instalment payments. If he was charged based on the reducing balance and the total interest paid was RM calculate the number of monthly payments he had made by using the Constant Ratio formula. marks
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