World Mcqs

The television 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 additional amount to pay in 24 monthly installments after deposit is

A. $10,248

B. $11,248

C. $13,248

D. $14,248

Related Questions on Chapter 4: Math Applications - Math Mcqs for Grade 8