Lemma
MediumDecimals & percentages
AQuA-RAT train #3495 · Arithmetic · Decimals & percentages

A car is purchased on hire-purchase

A car is purchased on hire-purchase. The cash price is $22 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly installments. Interest is charged at 12% p.a. What is the monthly installment?

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AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #3495

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