Chapter 4: Math Applications - Math Mcqs for Grade 8

Q.  Henry buys a designer furniture set at price of $1200. He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The monthly installments will be

a. $43
b. $34
c. $45
d. $56


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