Question
Jaslin bought an electric piano through an instalment plan in which she had to pay RM1000 down. The balance was settled by making 36
Jaslin bought an electric piano through an instalment plan in which she had to pay RM1000 down. The balance was settled by making 36 monthly payments of RM100 each. If the dealer charged her an interest of 9% per annum on the original balance, find the cash price of the item. (6 marks)
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