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Carmen decides to buy a new smart phone from Mobile Madness on hire purchase. Mobile madness offers the following deal on the Samsung Galaxy S6:

Carmen decides to buy a new smart phone from Mobile Madness on hire purchase. Mobile madness offers the following deal on the Samsung Galaxy S6: Pay a 15% cash deposit on the purchase price of R11 599 and you can pay the outstanding balance monthly at 18,5% simple interest over 2 years. Determine Carmen's monthly payments

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