148k views
4 votes
Mary needs a laptop. She decided to barrow one on hire purchase. The marked price of the laptop $100, 200 and she had to pay a deposit of 10% of the marked price. If the total hire purchase price of the laptop is $142, 020 after a 5 year payment plan, how much was Mary’s monthly payments?

User SQer
by
4.1k points

1 Answer

5 votes

Answer:

2, 367

Explanation:

142,020 / 5 = 28, 404

28, 404 / 12 = 2, 367

User Sahil Shekhawat
by
4.3k points