Question

you finance a car for 22,048 you had a trade in of 5,000 sales tax of 1,248 was added the dealer offered a 2,000 rebate that was applied to the cost of the car how much did the car cost

Answer 1

You trade in and rebate amounts reduced the price you have to finance, while the sales tax added to the amount to be financed. Cost+1248 Sales Tax= Amount needed to be paid - 2000 Rebate-5000 Trade in= 22048 Amount to be financed Cost+1248-2000-5000=22048 Cost-5752=22048=27800