Question

Tom is applying for a visa.

He has to pay £1,800 for the visa as well as a 12% charge on the visa price for an on-the-day service.
If Tom has 1 year to save, how much money should he save per month to be able to cover his costs?
Round your answer to the nearest £10.

Answer 1

Tom should save £168 per month to cover his visa costs.

Step-by-step explanation:

To calculate the monthly amount Tom needs to save to cover his visa costs, we first need to find the 12% charge on the visa price.

12% of £1,800 is £(0.12 * 1800) = £216.

So, the total visa cost including the 12% charge is £(1800 + 216) = £2016.

Since Tom has 1 year to save, he needs to save £2016/12 = £168 per month.

Therefore, Tom should save £168 per month to be able to cover his visa costs