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3 years ago

13

Determine the actual cost, including interest, of a $3,450 used car with a down payment of $200 and 48 monthly payments of 75$ e

ach.

1 answer:

Fantom [35]3 years ago

5 0

Answer:

$3,800

Step-by-step explanation:

$200 (down payment) + 48 x $75 (monthly payments)

$200 + $3600 = $3800

Since the original car was $3450, there was $350 in interest ($3800 - $3450 = $350)

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Answer:

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To solve this, we can use the percent change formula shown in the picture attached below. $x_{2}$ is the new value, $x_{1}$ is the old value, and $C$ represents the change. For this problem, 80 is the new value and 64 is the old value. Let's plug those numbers into the formula and solve for the percent change:

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$C = 25%$

Thus, the answer is 25%.

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