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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?
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Sep 11, 2023
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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
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Kanagavelu Sugumar
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6500 - 1500 = 5000
12 months × 4 years = 48 months
155 × 48 = 7440
7440 - 5000 = 2440
answer: $2440
Hrv
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Sep 16, 2023
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Hrv
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