Answer:
£503.75 per month
Step-by-step explanation:
7% decrease on a £6,500 car
= 7% of 6,500
= 7/100 * 6,500
= 0.07 * 6500
= £455
Amount of the car = £6,500 - £455
= £6,045
he will pay the full balance in 12 equal month payments
Amount paid each month = £6,045/12 months
= £503.75 per month
Answer:
7% decrease on a £6,500 car
= 7% of 6,500
= 7/100 * 6,500
= 0.07 * 6500
= £455
Amount of the car = £6,500 - £455
= £6,045
he will pay the full balance in 12 equal month payments
Amount paid each month = £6,045/12 months
= £503.75 per month
Step-by-step explanation:
