BThe list price of a television set is \($1,600.00. It can be purchased by a deposit of $\)400.00 and the rest of
the amount paid by 12 monthly instalments at 25% per annum simple interest. If the television set is
purchased by instalments, find the total cost.
BThe list price of a television set is \($1,600.00. It can be purchased by a deposit of $\)400.00 and the rest of
the amount paid by 12 monthly instalments at 25% per annum simple interest. If the television set is
purchased by instalments, find the total cost.
the amount paid by 12 monthly instalments at 25% per annum simple interest. If the television set is
purchased by instalments, find the total cost.