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How do you find hire purchase price?

To find the hire purchase price, first determine the cash price of the item you wish to purchase. Then, calculate the total interest and any additional fees associated with the hire purchase agreement. Add these costs to the cash price to get the total hire purchase price. Finally, divide this total by the number of payment installments to find the amount payable per installment.


Where can one purchase the New Balance Express?

New Balance is a popular brand of shoes. If you are looking to purchase The New Balance Express, you can find them at the New Balance website, Amazon, and Macy's.


When was the Origin or development of hire purchase?

origin and development of hire purchase


How do you do the formula to find hire purchase in mathematics?

number of months multiplied by amount of deposits


What are the advantages of hire purchase as a source of finance?

Hire purchase can give the good profit,


What website can I go to find out how much Fitness equipment from Hire Fitness is?

You can go online and purchase hire Fitness, or they even have the opportunity to lease their equipment. Hire Fitness equipment is not found in stores at this time.


Advantage of hire purchase?

One advantage of hire process is that it allows low-income individuals to purchase items that would otherwise be out of their budget. Hire purchase is also known as installment plan.


How do you calculate hire purchase installments?

To calculate hire purchase installments, first determine the total cost of the item, including any interest and fees. Next, subtract the initial deposit from the total cost to find the financed amount. Divide this financed amount by the number of installments to find the monthly payment. Additionally, ensure to account for any additional charges that may apply throughout the hire purchase period.


What means repossesion as regard to hire purchase?

If a company fails to make it's repayment under the hire purchase agreement then the loan providers can tale the goods bought under the hire purchase as settlement for the loan.


Why would a company use hire purchase?

The legal term for hire purchase is a contract. Companies may prefer using hire purchase because it spreads the costs of expensive items over a period of time.


What is the explanation for the features of hire purchase system?

higher purchase


Solve you a problem on hire purchase system?

caluculation of intrest under hire purchase system