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OpenStudy (anonymous):
The cash price of the stereo set was $1850. The hire purchase was 20% more than the cash price. (i)Calculate the hire purchase price. (ii) Calculate the number of monthly installments needed to buy a stereo in hire purchase given that a down payment of $500 and monthly installments of $215 each were required.
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OpenStudy (anonymous):
the hire purchase is 2220
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