Question

Gavin's monthly payment is $500 and his loan is for 36 months. His down payment was $500. What is the total cost of the car for Gavin?

Answer 1

`\left[\begin{array}{ccc}500x36+500\\= 18,500\end{array}\right]`

Answer 2

$500×36
Result: $18000
Result + down payment $500.... = $18,500