SOLUTION: A vehicle is purchased on credit, divided into 11 monthly installments. The first month the quota is 500. In the following months there was an increase of 10% in relation to the pr

Question 1191328: A vehicle is purchased on credit, divided into 11 monthly installments. The first month the quota is 500. In the following months there was an increase of 10% in relation to the previous month. The amount of the last installment will be
A) 610
B) 1050
C) 1000
D) 8250
Answer by ikleyn(52908) (Show Source): You can put this solution on YOUR website!
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A vehicle is purchased on credit, divided into 11 monthly installments. The first month the quota is 500.
In the following months there was an increase of 10% in relation to the previous month. The amount of the last installment will be
A) 610
B) 1050
C) 1000
D) 8250
~~~~~~~~~~~~~~~

No one of the presented optional answers.

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