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2 , A man buys a car for 4 5 0 0 and pays a deposit of 2 0 per cent. Interest is charged 2

2, A man buys a car for 4500 and pays a deposit of 20 per cent. Interest is charged 2.5 per cent on the outstanding balance. He repays this balance over 24 months. How much is the monthly instalment (to the nearest penny)?.
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