2 Answers

Sahil Ahuja · Answer 1 · 2018-02-18T15:45:25+0000

1450(1.05) = 1522.50...this is total with VAT included
1522.50 / 12 = 126.875...rounds to 127 per month
so,yes....130 per month is enough

Anarki · Answer 2 · 2018-02-24T07:13:05+0000

You need to take the estimate and add the VAT. Then take this total cost and divide it by 12 to solve for the monthly payment needed...

(1450)(105/100)/12=126.875

Clearly, a monthly payment of 130 is enough to cover the yearly cost.

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