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Andy is buying a car. He negotiated a 7% decrease on a £6500 car. He will pay the full balance in 12 equal monthly payments. Calculate the amount paid each month.

Andy is buying a car. He negotiated a 7% decrease on a £6500 car. He will pay the full balance in 12 equal monthly payments. Calculate the amount paid each month.
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Andy is buying a car. He negotiated a 7% decrease on a £6500 car. He will pay the full balance in 12 equal monthly payments. Calculate the amount paid each month.

User SiberianGuy
by
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1 Answer

6 votes
Price negotiated = 6500 - 7% of 6500 = £6045
Amount paid each month = 6045 / 12 = £503.75 Answer
User Ghassan Elias
by
8.3k points
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