cla Activity aic 1. The cash price of a bedroom suite is $4200. The bedroom suite can be purchased on the following terms: 20% deposit and weekly payments of $38.95 for two years. Calculate the cost of buying the bedroom suite if you bought it on terms. (3 mark) S 2. Robert wants to buy a used car with a cash price of $12600. The dealer offers terms of 10% deposit and monthly repayments of $652.70 for two years. Calculate the amount of the deposit. a. Calculate the amount of the deposit. (1 mark) b. Calculate the total amount to be paid in monthly repayments. (1 mark) c. What is total amount Robert pays for the car? (1 mark) d. How much more than the cash price of the car does Robert pay. (1 mark) 3. Miriama buys a settee on hire purchase. The cash price is $800. She pays 30% deposit and the store charges 10% interest on cash price. a) If she takes two years to pay for the settee, what are her monthly payments? (3 mark) b) What is the total amount that she pays for the settee? (1 mark)
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