andy is buying a car he negotiated a 7% decrease on a £6500 car he will pay the full balance in 12 equal monthly payments calculate the amount paid each month
SO he is paying (100%-7%) = 93% of the initial price in 12 payments
93% x L6500 / 12 = .93 * 6500 / 12 = 6045/12 = L 503.75/mo
SO he is paying (100%-7%) = 93% of the initial price in 12 payments
93% x L6500 / 12 = .93 * 6500 / 12 = 6045/12 = L 503.75/mo