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Tlali wants to buy a new computer and decides to buy one on a hire purchase agre...
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Tlali wants to buy a new computer and decides to buy one on a hire purchase agreement. The computer's cash price is R4 250. He will pay it off over 30 months at an interest rate of 9,5% p.a. An insurance premium of R10,75 is added to every monthly payment. How much are his monthly payments?
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