05-06-2021
Mathematics

contestada

the cash price of a car is$897060. to pay by hire purchase requires 10% deposit and 36 monthly payments of$24420.caculate the saving when paying in cash.

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kkozume27 kkozume27

05-06-2021

Answer:

$71766

Step-by-step explanation:

Cash price = 897060

10% deposit = 89706

Total 36 monthly payments = 24420 × 36 = 879120

monthly payment + deposit

879120 + 89706 = 968826

968826 - 897070

= 71766

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