Answer:
Step-by-step explanation:
Answer:
1133.4312 US$
Step-by-step explanation:
Just use a calculator or write it down
Answer: See explanation
Step-by-step explanation:
a. The deposit
= 15% × $2975
= 15/100 × $2975
= 0.15 × $2975
= $446.25
b. The hire purchase price
Outstanding balance = $2975 - $446.25 = $2528.75
20% of outstanding balance
= 20% × $2528.75
= 0.2 × $2528.75
= $505.75
Hire purchase price
= $2975 + $505.75
= $3480.75
c. The difference the hire purchase price and cash price
= $3480.75 - $2975
= $505.75
d. The difference as a percentage of the cash price.
= ($505.75 / $2975) × 100
= 0.17 × 100
= 17%
