Peter buys a camper van costing £35 000 + 20% VAT. He pays a 50% deposit and then arranges to pay the remaining balance in 20 equal monthly instalments.
Calculate the amount paid each month by Peter.

The total cost is 35000+7000=£42000. After the deposit has been deducted, £21000 remains to be paid. The amount of each instalment is 21000/20=2100/2=£1050.

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vk3267517 vk3267517 · Answer 2 · 2022-07-05T15:35:36+02:00

The amount of each installment is £1050.

What's the VAT tax in the united states of America?

The value-introduced tax brings in billions for other international what's the VAT tax in united states of America. The value-introduced tax brings in billions for other international locations, but the U.S. doesn't have one. price-brought tax, referred to as VAT, is a levy on goods and services at each degree of the delivery chain.

What is an instance of VAT?

VAT is commonly expressed as a percent of the entire cost. For instance, if a product charges $100 and there may be a 15% VAT, the consumer will pay $one hundred fifteen to the merchant. The merchant maintains $a hundred and remits $15 to the government., but the U.S. doesn't have one. price-brought tax, referred to as VAT, is a levy on goods and services at each degree of the delivery chain.

Learn more about the VAT here:https://brainly.com/question/6906180

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Peter buys a camper van costing £35 000 + 20% VAT. He pays a 50% deposit and then arranges to pay the remaining balance in 20 equal monthly instalments. Calculate the amount paid each month by Peter.

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What's the VAT tax in the united states of America?

What is an instance of VAT?

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Peter buys a camper van costing £35 000 + 20% VAT. He pays a 50% deposit and then arranges to pay the remaining balance in 20 equal monthly instalments.
Calculate the amount paid each month by Peter.