Hire Purchase ( Practice 4) Part 1



Year 4
Year 5
Year 6
Year 7
(1)
Deposit:
RM 8,000 x 20%
= RM _________




(2)
Hire Purchase Interest:
RM (8,0001,600)
= RM 6,400 x 15%
= RM _______

RM 5,120 x 15%
= RM _____

RM 3,648 x 15%
= RM ______

RM 1,955 x 15%
= RM ______

(3)
Depreciation:
RM 8,000 x 10%
= RM _______

RM (8,000800)
= RM 7,200 x 10%
= RM ______
RM (8,0001,520)
= RM 6,480 x 10%
= RM ________
RM (8,0002,168)
= RM 5,832 x 10%
= RM _______

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