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Year 12 Maths Standard 1 (2027) Depreciation and loans

Buy Now, Pay Later & Short-Term Loans

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Question 1
199320

A jacket costs \(\$200\) cash. On a buy-now-pay-later plan you make \(4\) equal fortnightly payments of \(\$50\). What is the total amount you pay?

\(\$\) 
200
1 mark

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