## anonymous one year ago Monica booked a trip to Disneyland for herself and her family.The total cost of the trip was 5800 pounds plus VAT at 20%. She paid 1300 pounds of the total cost when she booked her holiday. She paid the rest of the total cost in 6 equal months.Work out the amount of each monthly payment,

1. anonymous

@Michele_Laino

2. Michele_Laino

we have to compute the total cost, first

3. Michele_Laino

total cost is 5800 + VAT, namely: $\Large 5800 + \left( {5800 \cdot \frac{{20}}{{100}}} \right) = ...?$

4. texaschic101

is VAT taxes ??

5. Michele_Laino

yes!

6. anonymous

yes

7. texaschic101

gotcha....I understand now

8. texaschic101

sorry...continue explaining Michele

9. anonymous

1160 @Michele_Laino

10. Michele_Laino

if you want please continue @texaschic101 :)

11. anonymous

is that correct @Michele_Laino

12. anonymous

13. Michele_Laino

yes!, nevertheless you have compute this: 5800+1960=...?

14. texaschic101

total cost would be 5800 + 20% of 5800 5800 + .2(5800) = total cost

15. Michele_Laino

correct! @texaschic101

16. anonymous

hmm is the answer to this part 1160?

17. texaschic101

not quite.. 5800 + 1160 = total cost

18. anonymous

ok im confused

19. texaschic101

turn your percent to a decimal 20% = 0.2 5800 + 0.2(5800) = total cost 5800 + 1160 = total cost 6960 = total cost understand ?

20. anonymous

21. texaschic101

so she paid 1300 6960 - 1300 = ?? (you can do the math)

22. anonymous

5660

23. texaschic101

ok....correct....so we have 5660 she then paid 6 equal monthly installments....so we divide by 6 5660/6 = each monthly installment

24. anonymous

943.333333

25. texaschic101

which rounds to what ?

26. anonymous

940

27. anonymous

or just 943

28. texaschic101

I would probably round it like this.. 943.33333 = 943.33

29. anonymous

ok

30. texaschic101

give medal to Michele....I shouldn't have taken over her job at explaining it to you

31. anonymous

ok if you insist but thank you so much @texaschic101

32. texaschic101

no problem :)