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2 marksInstalment Payments

CSEC Mathematics · January 2008 · Paper 2 · Question 1(b)(i)

A bicycle has a cash price of 319.95. It can be bought on hire purchase with a deposit of 69.00 and 10 monthly installments of $28.50 each.

What is the TOTAL hire purchase price of the bicycle?

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Other parts of this question

  1. 1(a)(i)Calculate the EXACT value of: 1 - 3/7 / (1/2 * 4/5)[4 marks]
  2. 1(a)(ii)Calculate the EXACT value of: 2 - 0.24 / 0.15[2 marks]
  3. 1(b)(ii)Calculate the difference between the total hire purchase price and the cash price.[1 mark]
  4. 1(b)(iii)Express your answer in (ii) above as a percentage of the cash price.[2 marks]

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