A printer is priced at $450. A man buys the printer on hire purchase according to the following terms,downpayment of 15% and the remaining to be paid in monthly instalments over 18 months at simple interest rate of 12% per annum. Find(i) his monthly instalment(ii) the total amount the man pays for the printer.

A printer is priced at $450. A man buys the printer on hire purchase a

1.	A printer is priced at $450. A man buys the printer on hire purchase according to the following terms,downpayment of 15% and the remaining to be paid in monthly instalments over 18 months at simple interest rate of 12% per annum. Find(i) his monthly instalment(ii) the total amount the man pays for the printer.
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