£290

The correct answer is £290!

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Working out

We asked you to work out what your monthly instalments would be over 20 months if you bought a car for £9,000 and paid a £3,200 deposit.

The first step in this question is to subtract the deposit of £3,200 from the price to see how much is left to pay. 9,000 – 3,200 = 5,800

You can then divide 5,800 by 20 to work out the monthly payment. 5800 ÷ 20 = 290

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Competition 1

You buy a new car for £9,000. You pay a deposit of £3,200 and the rest in 20 monthly instalments. How much are your monthly repayments?

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Competition 2

If your recipe calls for 2/3 cup of milk and you need to double it, how many cups do you need?

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Competition 3

You save £2,000 into a bank account with an interest rate of 5% per annum, how much money will you have in the account after one year?

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