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3. Tom wants to buy a TV through H.P. He has been asked to make a deposit of one fifth of the total price of

3. Tom wants to buy a TV through H.P. He has been asked to make a deposit of one fifth of the total price of $200.The remainder will have 20% simple interest and is payable for 6 months.Calculate:a. The amount of the depositb.The balanceC.The amount of interestd. The total of the balance and the intereste.The hire purchase pricefThe savings

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TT Name: Answer all the questions and show your complete working. 1. A new TV costs $1200 cash. It it 5 available on HP. by paying a $500 deposit then 6 monthly payment of $134. Calculate: a. The total monthly payment b. The hire purchase price c. Amount of savings by paying cash. 2. The cash price for 3 P55 is $600. A store sells it on hire purchase with a 10% down payment and $40 monthly payment for 18 months. Calculate: a. The amount of down payment b. The total monthly payment c. The hire purchase price d. The difference between the hire purchase and the cash price. 3. Tom wants to buy a TV through H.P. He has been asked to make a deposit of one fifth of the total price of $200. The remainder will have 20% simple interest and is payable for 6 months. Calculate: a. The amount of the deposit

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