Business: I have 204 points now here is 10

I have 204 points now here is 10 - id204109282099, emiliemon5114

bandnerd1

30.05.2021

$Amount = \$340$

Explanation:

Given

$Cost\ Price=\$2000$

On hire-purchase:

$Deposit = \$900$

$Monthly\ Pay = \$120$

Months =12

Required

Determine the amount to be saved if the item is bought outrightly

First, we calculate the total payment on hire-purchase:

$Total = Deposit + Monthly\ Pay * Months$

$Total = \$900+ \$120*12$

$Total = \$900+ \$1440$

$Total = \$2340$

Subtract the cost price:

$Amount = Total - Cost\ Price$

$Amount = \$2340 - \$2000$

$Amount = \$340$

The amount to be saved is $340

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