21: stan bought a monster truck for $2,000 down and payments of $450 a month for five years. what's the total cost of the monste
r truck?
2 answers:
Answer:
The total cost of the monster truck = 29000 $
Step-by-step explanation:
Stan bought a monster truck for $2,000 down and payments of $450 a month for five years.
Initial payment = 2000 $
Monthly payment = 450 $
Number of years paid = 5
Number of months in 5 years = 12 x 5 = 60
Total amount paid = 2000 + 60 x 450 = 29000 $
The total cost of the monster truck = 29000 $
2000 + 450(12)(5)
2000 + 450(60)
2000 + 27000 = 29,000
He spend $27,000 on the truck.
Hope this helps!
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