Question

For Ayana buys a new car with a sticker price of $8,469. For the down payments, she trades in her old car for $1,300. She finances the car and makes 48 monthly payments of $163. What is the total amount paid for the car, including interest?

Answer 1

The total amount paid for the car is $ 9124

Explanation:

Sticker price of new car = $ 8469

Price of old car = $ 1300

Price of monthly payments = 48 × 163 = $ 7824

Therefore the total amount paid for the car is = $ 1300 + $ 7824

The total amount = $ 9124

Therefore the total amount paid for the car is $ 9124