A motorbike is for sale at $13000. Finance is available at $3000 deposit and monthly repayments of $520 for 4 years. What is the interest paid?

520 x 12 months x 4 years = 24960

24960 + 3000 deposit = 27,960 total paid.

27,960 - 13,000 = 14,960 total interest paid

in problems involving proportions, we can use cross products to test whether two ratios are equal and form a proportion. to find the cross products of a proportion, we multiply the outer terms, called the extremes, and the middle terms, called the means.

hope it