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4. An air conditioning unit with a cash price of RM3000 is purchased through an inst customer has to pay 10% down payment and the

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4. An air conditioning unit with a cash price of RM3000 is purchased through an inst customer has to pay 10% down payment and the balance will be settled on a mo months. The dealer charges an interest of 10% per annum based on reducing constant ratio formula, compute the interest charges. [RM123.75

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