hcvbkhvbhwv4248 hcvbkhvbhwv4248
  • 09-03-2021
  • Mathematics
contestada

After putting $5,500 as a down payment on a car, you pay $400 per month for 60 months to pay off your car. What was the total you have spent for the car?

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 11-03-2021

Answer:

$29500

Step-by-step explanation:

Given data

The number of months is 60

the downpayment is $5,500

the monthly payment is $400

Let the function for the total payment be given as

y=mx+c

y= 400(60)+5500

y=24000+5500

y= 29500

Hence the total paid for the car is $29500

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