Question
Purchases You bought a car for $\$ 5000$ down and made payments of $\$ 499.50$ each month for 36 months.a. Find the amount of the payments over the 36 months.b. Find the total cost of the car.
Step 1
We do this by multiplying the monthly payment amount by the number of months. In this case, the monthly payment is $\$499.50$ and the number of months is 36. So, we calculate $499.50 \times 36 = \$17982$. Show more…
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