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Financial Maths, STD2 EQ-Bank 16

Olivia is purchasing a car with a sale price of $24 800. She needs to pay a 25% deposit. Calculate the amount of the deposit Olivia needs to pay.   (1 mark)

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\($6200\)

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\(\text{Deposit}=\dfrac{25}{100}\times 24\,800=$6200\)

Filed Under: Purchasing Goods, Purchasing Goods Tagged With: Band 2, smc-6278-35-Buy Now/Pay Later, smc-6517-35-Buy Now/Pay Later

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