Question

Ms. D'Amico bought a car with a 20% down payment, which was 5,750. She will finance the rest of the car payments. What was the price of the car?

Answer 1

$28,750

Explanation:

To find the price of the car, you need to use the following formula:

price of the car = down payment / (down payment percentage / 100)

Plugging in the given values, you get:

price of the car = 5,750 / (20 / 100)

Simplifying the expression, you get:

price of the car = 5,750 / 0.2

The price of the car is therefore 28,750.