Riley has set up a six week payment schedule to pay for his upcoming school camp. he has already put down a 15 percent deposit a
nd will pay the balance in 6 weekly instalments. If he paid $34.20 deposit, how much is he paying each week?
1 answer:
Answer:
$32.30 each week
Step-by-step explanation:
Deposit = 15% = $34.20
⇒ total cost of camp = (34.20 ÷ 15) x 100 = $228
Balance left after deposit = 228 - 34.20 = $193.80
If paying the remaining balance in 6 weekly installments,
⇒ weekly payment = 193.80 ÷ 6 = $32.30
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Hope this helps!! :)
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