A man buys a music system valued at 8000. He pays 3500 at once and rest 18 months later, on which he is charged simple interest at the rate of 8% per annum . Find the total amount he pays for the music system ?

A man buys a music system valued at 8000. He pays 3500 at once and

1.	A man buys a music system valued at 8000. He pays 3500 at once and rest 18 months later, on which he is charged simple interest at the rate of 8% per annum . Find the total amount he pays for the music system ?
A.	9260
B.	8540
C.	8720
D.	9410
Answer» C. 8720

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A man buys a music system valued at 8000. He pays 3500 at once and rest 18 months later, on which he is charged simple interest at the rate of 8% per annum . Find the total amount he pays for the music system ?

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