57.2k views
0 votes
What’s the difference between paying $10,000 cash for a car or paying a loan of $200 per month for 60 months?

User Sabah
by
8.0k points

1 Answer

4 votes
200 per month for 60 months......200 * 60 = 12,000

difference is : 12,000 - 10,000 = 2,000 <==
User Ricardo Markiewicz
by
9.2k points