jamfuture8
Answered

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Tom is applying for a visa. He has to pay £1,700 for the visa as well as a 11% charge on the visa price for an on-the-day service. If Tom has 1 year to save, how much money should he save per month to be able to cover his costs? Round your answer to the nearest £10.

Sagot :

azebweyessa

Step-by-step explanation:

this is geometric sequence

G1=Go(1+r)^n

G1=1700(1+11%)^1

G1=1700(1+0.1)

G1=1700*0.1

G1=170 per year

G1=170*12 per month

G1=2040

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