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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.​

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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4 votes
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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User JBE
by
8.1k points

1 Answer

5 votes
500+ 18(56) equals total cost of refrigerator
$1508
answered
User Miroslav Savovski
by
7.6k points
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