Jared has taken out a loan for his car. His monthly payments amount to $650. If his loan is for 36 months, and he paid a down pa yment of $400, what is the total cost of the car for Jared? A. $15,050 B. $23,800 C. $28,300
2 answers:
Answer:
$23800.
Step-by-step explanation:
Monthly payment of loan of a car = $650
His loan is for 36 months
So, Total payment of 36 months =
=
He paid the down payment of amount $400
So, Total cost of the car =
=
Hence the total cost of the car for Jared is $23800.
So, Option B is correct.
B! 650 x 36 +400 = 23,800!
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