Consumer Arithmetic Flashcards by Justin Sangster | Brainscape

Q

Hire-Purchase Price

A

down payment + outstanding balance + interest

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Q

Hire-Purchase Price

A

down payment + total amount of instalments

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Q

Total Amount of the Instalments

A

outstanding balance + interest

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Q

Total Amount of the Instalment

A

amount of one instalment x number of instalments

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Q

Interest

A

hire-purchase price - cash price

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Q

Hire-Purchase Price

A

cash price + interest

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