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jason agrees to buy a car for $1500 down and monthly payment $ 275 for 4 years. how much did he pay for the car

User Opsmason
by
8.2k points

2 Answers

2 votes

Answer:

$14700

Explanation:

$1500=total money paid

1 year has 12 months × 4 years=48 months

48 mths×$275 =$13200

total money paid=

$13200+$1500=

$14700

User Okawei
by
8.7k points
2 votes

The price of the car is $ 14700.

Explanation:

Given,

The amount of down payment = $ 1500

He will pay $ 275 for 4 years monthly.

To find the price of the car.

1 year = 12 months

4 years = 48 months

He will pay 48 months.

The payment will be = $ 275×48 = $ 13200

Hence,

The price of the car = $ 13200+1500 = $ 14700

User Amirreza Nasiri
by
8.9k points

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