Savings by paying cash is $1,289.6.
What is Multiplication?
To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.
To buy a truck cash payment = $13,000
And, Put down cash = $4250
Now, Calculate the total amount with payments;
Total amount with payment = Payment amount * Total month
= $595.54 * 24
= $14,289.6
And, Calculate the total amount saved by paying cash;
Savings by paying cash = Total amount with payments - Cash payment
= $14,289.6 - $13,000
= $1,289.6
Hence, Savings by paying cash is $1,289.6.
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