Question

Ben bought a used Dodge challenger for $22,000. He put down $7,000 and paid $290 for 60 months what the total finance charge to ben

Answer 1

$2,400

Explanation:

the car costs $22,000

Ben paid a total of $24,400

[$290 * 60 months = $17,000

$17,000 + $7,000 he initially put down = $24,400]

if he paid $24,400 and the car only costs $22,000, that's $2,400 additional paid in interest

[$24,400 - $22,000 = $2,400]

Answer 2

290 × 60 = 17,400

17,400 + 7,000 = 24,400

The answer is $24,400. Hope this helps!