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Financial Maths: Quiz 8

Financial Maths: Quiz 8

1) Sarah purchases a greenhouse for £1,900.

She pays a deposit of £675 and the rest in 7 equal payments.

Work out the amount of each equal payment.

2) Kevin purchases a car for £9,600.

He pays a deposit of £2,400 and the rest in 12 equal payments.

Work out the amount of each equal payment.

3) Nadine purchases a phone for £587.99.

She pays a deposit of £135.09 and the rest in 10 equal payments.

Work out the amount of each equal payment.

4) Claire buys a caravan.

The cost of the caravan is £7,500 plus VAT at 20%.

Claire pays a deposit of £2,400 and the rest in 12 equal payments.

Work out the amount of each equal payment.

5) Anya buys a car.

The cost of the car is £6,330 plus a 15% service fee.

Anya pays a deposit of £4,000 and the rest in 10 equal payments.

Work out the amount of each equal payment.

6) Sam buys a kitchen.

The cost of the kitchen is £1,850 plus 35% for fitting.

Sam pays a deposit of £635.26 and the rest in 8 equal payments.

Work out the amount of each equal payment.

She pays a deposit of £675 and the rest in 7 equal payments.

Work out the amount of each equal payment.

2) Kevin purchases a car for £9,600.

He pays a deposit of £2,400 and the rest in 12 equal payments.

Work out the amount of each equal payment.

3) Nadine purchases a phone for £587.99.

She pays a deposit of £135.09 and the rest in 10 equal payments.

Work out the amount of each equal payment.

4) Claire buys a caravan.

The cost of the caravan is £7,500 plus VAT at 20%.

Claire pays a deposit of £2,400 and the rest in 12 equal payments.

Work out the amount of each equal payment.

5) Anya buys a car.

The cost of the car is £6,330 plus a 15% service fee.

Anya pays a deposit of £4,000 and the rest in 10 equal payments.

Work out the amount of each equal payment.

6) Sam buys a kitchen.

The cost of the kitchen is £1,850 plus 35% for fitting.

Sam pays a deposit of £635.26 and the rest in 8 equal payments.

Work out the amount of each equal payment.