document.write( "Question 315984: A car can be purchased on credit by payments of 410 euro each month, over a period of 36 months. Calculate the price of the car if purchased on credit. The cash price for the car is 14,000. Calculate the extra cost of the credit as a percentage of the cash price, correct to 2 decimal places.\r
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\n" ); document.write( "\n" ); document.write( "An i-pod can be purchased for 380 dollars cash. Alternatively, it can be paid for over a year by monthly instalments of 34 dollars. Calculate the extra cost of the credit option. Express this cost as a percentage of the cash price, correct to 1 decimal place.
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Algebra.Com's Answer #226023 by rfer(16322)\"\" \"About 
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410*36=14760
\n" ); document.write( "760/14000=.05=5%
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\n" ); document.write( "34*12=408
\n" ); document.write( "28/380=.07=7%=
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