0. 6. A ceiling fan is marked at Rs. 970 cash or for Rs. 210 cash down payment followed by three equal monthly instalments. If the rate of interest charged under the instalment plan is 16% per annum, find the monthly instalment.
0. 6. A ceiling fan is marked at Rs. 970 cash or for Rs. 210 cash down payment followed by three equal monthly instalments. If the rate of interest charged under the instalment plan is 16% per annum, find the monthly instalment.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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Transcribed Image Text:0. 6. A ceiling fan is marked at Rs. 970 cash or for Rs. 210
cash down payment followed by three equal monthly
instalments. If the rate of interest charged under the instalment
plan is 16% per annum, find the monthly instalment.
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