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how he find? The couple have two hire purchase agreements with UnHoly Finance. Both were purchased one year ago on 12 months interest free, with
how he find?
The couple have two hire purchase agreements with UnHoly Finance. Both were purchased one year ago on 12 months interest free, with no repayments for 12 months. The first hire purchase was for a $3,000 laptop and the second was for n appliances of $5,000. They come with a 25.99% interest rate and the couple are about to begin making minimum repayments (as reflected in their budget's 'curren situation'). \begin{tabular}{|r|r|r|r|} \hline Interest rate (monthly) & period (months) & Monthly installment & Total installment \\ \hline 2.17% & 7 & 466.50 & 3,731.96 \\ \hline 2.17% & 7 & 777.49 & 6,219.94 \\ \hline & & 1,243.99 & 9,951.90 \\ \hline \end{tabular}Step by Step Solution
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