Answer:
The monthly installment for the hire purchase of the motorbike is GHC 27.00
Explanation:
To calculate the monthly installment for the hire purchase, we can divide the total cost by the number of months:
Monthly installment = Total cost / Number of months
In this case, the total cost is GHC 540.00 and the number of months is 20:
Monthly installment = GHC 540.00 / 20
Monthly installment = GHC 27.00
Therefore, the monthly installment for the hire purchase of the motorbike is GHC 27.00