3. James wanted to buy a used car for $6,500. He made a down payment of $1,500 and agreed to pay $155 a month for 4 years. How much interest did he pay?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Sep 11, 2023 79.3k views

19 votes

3. James wanted to buy a used car for $6,500. He made a down payment of $1,500 and agreed to pay $155 a month for 4 years. How much interest did he pay?

Mathematics
high-school

Kanagavelu Sugumar asked

by Kanagavelu Sugumar

5.6k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

12 votes

6500 - 1500 = 5000
12 months × 4 years = 48 months
155 × 48 = 7440
7440 - 5000 = 2440

answer: $2440

Hrv answered Sep 16, 2023

by Hrv

6.5k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions