£600 £35 £15 £800
An item priced £1198 is paid for using hire An item priced £1560 is paid for using hire Jill has £2000 in a savings account. This account An item is paid for using a hire purchase
purchase. A deposit of £500 is made followed by purchase. A deposit is made followed by 48 pays 3 % compound interest per year. How much agreement. A deposit of £50 and 12 equal
48 monthly payments of £15. How much extra is monthly payments of £20. How much is the interest will be earned in 6 years? monthly payments are made. If the total amount
paid by using hire purchase? deposit? paid is £470 how much was each monthly
payment?
FINANCE MIXTURE FINANCE MIXTURE FINANCE MIXTURE FINANCE MIXTURE
www.mathsbox.org.uk D www.mathsbox.org.uk H www.mathsbox.org.uk L www.mathsbox.org.uk P
£300 £22 £25 £388.10
An item is paid for using a hire purchase An item is paid for using a hire purchase Beckett has £800 in a savings account. This
Jan borrows £1200 at a simple interest rate of
agreement. A deposit of £100 and 6 equal agreement. A deposit of £200 and 48 equal account pays 2.5 % simple interest per year. How
monthly payments are made. If the total amount monthly payments are made. If the total amount much interest will be earned in 3 years? 3 % per year. The money is paid back after 10
paid is £190 how much was each monthly paid is £2360 how much was each monthly years. What is the total amount paid back?
payment? payment?
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www.mathsbox.org.uk C www.mathsbox.org.uk G www.mathsbox.org.uk K www.mathsbox.org.uk O
£80 £675 £260 £862.03
An item is paid for using a hire purchase An item priced £415 is paid for using hire
Nic has £4000 in a savings account. This account Kenley has £4000 in a savings account. This
agreement. A deposit of £250 and 6 equal purchase. A deposit of £200 is made followed by
pays 5 % compound interest per year. How much account pays 5 % simple interest per year. How
monthly payments are made. If the total amount 12 monthly payments of £20. How much extra is
interest will be earned in 4 years? much interest will be earned in 4 years?
paid is £490 how much was each monthly paid by using hire purchase?
payment?
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www.mathsbox.org.uk B www.mathsbox.org.uk F www.mathsbox.org.uk J www.mathsbox.org.uk N
£195.48 £20 £250 £45
An item priced £238 is paid for using hire An item priced £1228 is paid for using hire
Harry borrows £600 at a simple interest rate of Sage borrows £200 at a simple interest rate of
purchase. A deposit of £60 is made followed by purchase. A deposit of £300 is made followed by
2.5 % per year. The money is paid back after 5 3 % per year. The money is paid back after 36 monthly payments of £28. How much extra is
6 monthly payments of £35. How much extra is
years. What is the total amount paid back? 10 years. What is the total amount paid back? paid by using hire purchase?
paid by using hire purchase?
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www.mathsbox.org.uk A www.mathsbox.org.uk E www.mathsbox.org.uk I www.mathsbox.org.uk M
£60
Nikki has £4000 in a savings account. This account
pays 1.2 % compound interest per year. How
much interest will be earned in 4 years?
FINANCE MIXTURE
www.mathsbox.org.uk T
£1560
An item is paid for using a hire purchase
agreement. A deposit of £500 and 24 equal
monthly payments are made. If the total amount
paid is £980 how much was each monthly
payment?
FINANCE MIXTURE
www.mathsbox.org.uk S
£40
An item priced £1740 is paid for using hire
purchase. A deposit is made followed by 48
monthly payments of £30. How much is the
deposit?
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£32
An item priced £610 is paid for using hire
purchase. A deposit is made followed by 18
monthly payments of £20. How much is the
deposit?
FINANCE MIXTURE
www.mathsbox.org.uk Q