Problema Solution
Gina bought a freezer on hire purchase for $2350. She made a deposit of $100 and paid $125 monthly installments on the freezer. How long did she take to pay for the item?
Answer provided by our tutors
Let 'x' represent the number of monthly installments.
100 + 125x = 2350
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click here to see the equation solved for x
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x = 18 monthly installments
It took her 18 months to pay the freezer.