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200 210 240 220 230 250 ierilo FilD 061 81 150 140 130 160 IZO HAVE Genuine Shatterp 11 12 13 14 is 1

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200 210 240 220 230 250 ierilo FilD 061 81 150 140 130 160 IZO HAVE Genuine Shatterp 11 12 13 14 is 1 RETAIL sale. lease Extravan 54 months. 60 months 10% deposit R60270 R1299pm 10.1 Purchasing a vehicle You've seen the following price list and have decided to purchase the Supervan VEHICLE Instalment Straight Lease (60 Lease (60 months). No months). 60 000 deposit. 30% km maintenance residual plan. No deposit. No residual R1359pm R1167pm R1469pm Supervan R105400 R2249pm R2329pm R1989pm R2449pm Luxavan R130710 R2789pm R2889pm R2465pm R2999pm Incredivan R186300 R3939pm R4089pm R3485pm R4239pm Dreamvan R193940 R4119pm R4269pm R3635pm R4399pm Subject to Bank approval. Terms and conditions apply. All prices include VAT. Calculate the total cost of the vehicle for each of the four finance options. Calculate the interest paid in Rands on each of the four options. Calculate the interest percentage for all four options. (Do your calculations on a separate page from the Workbook and enter the answers in the table on the next page.) 11 Page CHILUTSI TRADING ENTERPRISE

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