Question

Tom bought a bicycle on hire purchase from a store. He made a down payment of $250.00 and paid $20.75 every month for a year . How much money did he pay in all?

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Answer 1

$499

Explanation:

He payed at first a down payment = 250

and 20.75 a month for a year

and there is 12 months in a year which means he payed 20.75 12 times multiply these numbers 12x20.75

=$249

Plus the down payment

=249+250

=$499