281,496 views
34 votes
34 votes
Gyro bought a car priced at $7,589. He agreed to

make payments of $260 per month for 36 months.
How much more than the actual price will Gyro pay?
$

User MegZo
by
2.5k points

2 Answers

16 votes
16 votes

Final answer:

Gyro will pay $1,771 more than the actual price of the car after making monthly payments of $260 over 36 months.

Step-by-step explanation:

The question involves calculating the total amount paid over a period and comparing it with the actual price of a car to determine how much more is paid. Gyro bought a car priced at $7,589. He is making monthly payments of $260 for 36 months. To find out how much more than the actual price Gyro will pay, we need to calculate the total amount paid over the 36 months and then subtract the original price of the car from this total.

Total amount paid = Monthly payment × Number of months
Total amount paid = $260 × 36 = $9,360

Excess amount paid = Total amount paid - Actual price
Excess amount paid = $9,360 - $7,589 = $1,771

Therefore, Gyro will pay $1,771 more than the actual price of the car.

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User Sajeev
by
2.4k points
23 votes
23 votes

Answer:

He will pay $1,771 more than the actual price.

Step-by-step explanation:

260 x 36 = 9360

9360 - 7589

= $1,771