Chapter 4: Math Applications - Math Mcqs for Grade 8


Q.  A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the interest on remaining amount for 2 years after deposit is

a. $2,148
b. $1,848
c. $1,948
d. $2,048


ANSWER: See Answer
 
No explanation is available for this question!
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