Walter purchased a 2010 model sedan for $24,000. The dealership offered him a $199/month payment plan for 48 months, at the end
of which the unpaid balance will be due. If the interest rate is 6%, find the total cost of this vehicle, including the balloon payment.
2 answers:
Step-by-step explanation:
oh shi sorry I wish I could help but I'm stupid
Answer:
199x48 = 9552
24000-9552=14448
14448 x- 6% = 866.88
14448+866.88= 15314.88
The overall payment is 24000+6%
Step-by-step explanation:
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