A refrigerator can be bought on hire purchase by making a deposit of $500 and 18 monthly installments of $56 each. Calculate the hire purchase cost of the refrigerator.

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asked Mar 7, 2022 113k views

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A refrigerator can be bought on hire purchase by making a deposit of $500 and 18 monthly installments of $56 each. Calculate the hire purchase cost of the refrigerator.

Mathematics
high-school

JBE asked

by JBE

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1 Answer

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500+ 18(56) equals total cost of refrigerator
$1508

Miroslav Savovski answered Mar 14, 2022

by Miroslav Savovski

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