Question

Kevin wants to buy a new truck for $19,500. He has talked to the loan officer at his credit union and knows

that they will loan him $12,000. He must also pay $375 for a license fee and $1250 for taxes. What amount
of cash will he need to buy the truck?

Answer 1

9125

Explanation:

you get this answer by subtracting the cost of the new truck by how much the loan is and then adding 375 and 1250 for the license fee and taxes.