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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asked Jul 3, 2019 154k views

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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.

Mathematics
middle-school

SiberianGuy asked

by SiberianGuy

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Price negotiated = 6500 - 7% of 6500 = £6045
Amount paid each month = 6045 / 12 = £503.75 Answer

Ghassan Elias answered Jul 7, 2019

by Ghassan Elias

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