Question

Louis buys a handphone priced at $750
under an instalment plan. He does not need
to make any down payment. He pays by
5 equal monthly instalments at a simple
interest rate of 10% per annum. How much is
each monthly instalment?​

Answer 1

Answer: $153.77

Step-by-step explanation:

Pls see attached formula

Answer 2

Answer:$150

Step-by-step explanation:$150x5=$750