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It has to do with hire purchase

2006-10-28 01:40:59 · 2 answers · asked by mel 1 in Science & Mathematics Mathematics

2 answers

If you don't pay for something up front, that is, if you don't pay all of it's value at the act of purchasing, but you decide to pay it bt steps, then each step is called a installment, and you're paying in installments. So, the number of installments is just the number of payments you will make to liquidate yoiur debt.

2006-10-28 03:16:15 · answer #1 · answered by Steiner 7 · 0 0

1000
i think

2006-10-28 08:44:41 · answer #2 · answered by Big_J 3 · 0 0

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