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jocelyn7575
18.07.2019 •
Mathematics
Ms mohale wants to buy a computer through pc warehouse. she can afford to pay r500 per month. pc warehouse sells computers through hire purchase loans over 24 months with an interest rate of 15% per annum. calculate the price of a computer that she could afford.
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Ответ:
price of a computer that she could afford R 9230.769
Step-by-step explanation:
Given data
amount pay = R500 per month = 500 × 24 = R 12000 total pay
time period =24 months = 24 /12 = 2 years
rate = 15 % per annum
to find out
price of a computer that she could afford
Solution
we know formula
Amount Paid = Principal × (1+(RT/100))
put value principal pay and R and T and we get
principal = Amount / (1+(RT/100))
principal = 1200 / (1+(15 ×2 )/100))
principal = 9230.769
price of a computer that she could afford R 9230.769
Ответ:
i dont now
Step-by-step explanation: