Question

Tim made a down payment of $1,000. He pays $450 for 36 months. What is the total amount he pays for the car?

Answer 1

Total amount payable= 1000+450*36
Total amount payable=1000+16200
Total amount payable=$17200

Answer 2

In getting the total amount that Tim pays for the car that he made a down payment of $1000 and pays for 36 months of $450. First is to calculate the monthly payment that amounted of $16,200 and add the down payment of $1000. The answer would be $17,200. I hope this helps