Jared has taken out a loan for his car. His monthly payments amount to $650. If his loan is for 36 months, and he paid a down payment of $400, what is the total cost of the car for Jared?
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Answered by
0
Answer:
Monthly payment of loan of a car = $650
His loan is for 36 months
So, Total payment of 36 months = 36 x 650
= 23400
He paid the down payment of amount $400
So, Total cost of the car = 23400 x 400
= 23800
Hence the total cost of the car for Jared is $23800.
hope this will help u:)
Answered by
1
Answer:
Jared took out a loan for 36 months at $650 per month in addition to the downpayment of $400.
Let t = total cost of the car
t = (650 x 36) + 400
t = 23,400 + 400
t = $23,800
The total price for the car is
$23,800.
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