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d ) Thabo purchases a television set for a certain amount on a hire purchase agreement. The term of the agreement is 3 years and
d Thabo purchases a television set for a certain amount on a hire purchase agreement. The term of the agreement is years and the interest rate on the loan is pa The monthly payment on the hire purchase agreement is R i Determine the total amount that will be paid by the end of the three years. ii Determine the loan amount.
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