2. Hire Purchase (4) Arithmetic

3. Hire Purchase (4) The Photo Factory shop in Dundee has a Fuji digital camera for sale costing £329.99. This shop has two main methods of purchase, which are (i) cash sale (ii) hire purchase. The hire purchase method includes the following: Deposit: 10% of cost + 12 payments x £30 How much is the Total H.P. price? How much money would be saved if the camera is paid by cash? FUJI FINEPIX S304 Zoom 3.24 million pixel (resolution) 6x optical zoom movie mode

4. Hire Purchase (4) I want to buy a Sony laptop, which costs £999. There are two methods of purchase: (i) cash sale or (ii) hire purchase. If I choose the hire purchase method I will have to pay a deposit of 12.5% of the cash price and 24 monthly payments of £45. Calculate how much paying by H.P. will cost ? How much more expensive is the H.P. method than paying cash? SONY (monitor 17 inch) 1100MHz 256Mb 40Gb

5. Hire Purchase (4) The Golf Hotel wants to buy a company vehicle. The complete price offered is £16999. The company buyer wishes to have options when purchasing. Two methods of hire purchase are offered: First method; deposit of 10% of the cash price + 12 payments x £1300 Second method; deposit of 20% of the cash price + 24 payments x £660 Calculate how much these two options would cost in total. Calculate how much extra each option would cost to the company. NISSAN PATROL 4X4 LWB SE