Question

Molly has a $2500 down payment saved for this purchase, and the dealer's $1500 Cash Allowance will come straight off her total. How much loan does Molly need?

Answer 1

Answer:

Molly doesn't need any loan amount, she has enough money to pay the bills

Step-by-step explanation:

Molly will have $1000 left after she must have paid the $1500 bill from her $2500 saving. She does not need to take any loan in this case.

Answer 2

Answer:

Molly doesn't need a loan

Step-by-step explanation:

Molly has a $2500 down payment saved for this purchase, and the dealer's $1500 Cash Allowance will come straight off her total.

If she paid $1500, she would have $1000 left. She doesn't need a loan as the bill has been paid, and there is some money left.