Question

Tim made a down payment of $1,000. He pays $450 for 36 months. What is the total amount he pays for the car?

Answer 1

1000 + 450(36)

1000 + 16,200 = 17,200.

He payed $17,200 for the car.

Hope this helps!

Answer 2

$ 17,200

Explanation:

Given,

The amount of down payment = $ 10000,

Also, monthly payment = $ 450,

Number of months = 36,

So, the total payment ( except down payment ) = number of months × monthly payment

= 36 × 450

= $ 16200,

Hence, the total amount paid for the car = down payment + total payment

= $ 1,000 + $ 16,200

= $ 17,200