Harry buys a TV priced at 1200 pounds plus a 20% VAT
He pays 300 pounds deposit and the balance in ten equal monthly payments
Calculate each monthly payment
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Answer:
T=1200+(1+20/100)=1200+(1.2)=1440
Step-by-step explanation:
Since he paid 300 his balance is now
B=T-300=1440-300=1140
So he's making 10 equal payments
P=B/10=1140/10=114
114 per month for 10 mounths
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