Accountancy, asked by remyatintu3335, 1 year ago

What will the last payment be to pay off a $1,250 computer plus 8% sales tax with monthly payments of $120?

Answers

Answered by enormous010
3
Hi friend ,

If he pays 8% sales tax then the total amt. to pay is ( $ 1,250 * 1.08 ) = $ 1,350

Thus ,

1350/ 120 = 11 and r.s $30

So, the final payment is $ 30 if he maintains r.s $120 per month and then he makes a final payments of his remaining balance...i know you like my answer


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