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Calculating the Cost

Calculating the Cost. Calculate the cost:. A weekly repayment of €35 for 2 years. €35 x 52 x 2 = €3640 A weekly repayment of €44 for 4 years €44 x 52 x 4 = € 9152. Number of weeks in a year. Number of years. Deposit & Instalments. A deposit of €100 plus 8 instalments of €150.

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Calculating the Cost

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  1. Calculating the Cost

  2. Calculate the cost: • A weekly repayment of €35 for 2 years. • €35 x 52 x 2= €3640 • A weekly repayment of €44 for 4 years €44 x 52 x 4 = € 9152 Number of weeks in a year Number of years

  3. Deposit & Instalments • A deposit of €100 plus 8 instalments of €150. • Instalmentx number of instalments • €150 x 8= €1,200 • €1,200 + deposit • €1,200 + €100 = €1,300

  4. Page 106- Question 3

  5. RENTAL • €4.75 x no. of weeks per year x no. of years €4.75 x 52 x 3 = €741 COST OF RENTING THE FREEZR = €741

  6. H.P. • Amount per month x no. of months x years €16 x 12 x 3 = €576 • €576 + deposit + final payment €576 + €70 + €50 = € 696 COST BUYING THE FREEZR USING H.P. = €741

  7. BANK LOAN €100 €400 4 4 x 3.60(rate per month) x 12 x 3 =€518.40 €518.40 + amount saved €518.40 + €150 = €668.40 COST BUYING THE FREEZR USING A LOAN = €668.40

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