A computer costing £500 is bought and paid for in twelve monthly instalments with an interest rate of 20% added onto the purchas

Question

vazorg [7]

3 years ago

15

A computer costing £500 is bought and paid for in twelve monthly instalments with an interest rate of 20% added onto the purchas

e price. How much is each monthly installment?

Mathematics

1 answer:

pshichka [43] · Answer 1 · 2022-05-14T17:41:36+03:00

pshichka [43]3 years ago

3 0

<h2>Answer:</h2><h3>£600</h3>

<h2>Step-by-step explanation:</h2><h3>200% of 500 is 100</h3><h3>500 + 100 = £600</h3><h3 /><h2>Note:</h2><h3>you would have to pay £50 a month</h3>