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Year 11 (2026) Maths Standard (2026) Managing Money

Buy Now Pay Later and Comparing Purchase Options

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Question 1
204697

Leah buys a pair of shoes for \(\$320\) using a buy now, pay later (BNPL) service. She pays the price in \(4\) equal fortnightly instalments. How much is each instalment? Give your answer to the nearest dollar.

\(\$\) 
80
 (nearest dollar) 1 mark

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