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3 years ago

14

Michael doesn't have any money saved and he does not want to wait to buy a car. He goes to the dealership and takes out a loan f

or the $15,000 car. His payments will be $500 per month for 3 years (36 months). How much will Michael pay for his $15,000 car?

1 answer:

nignag [31]3 years ago

5 0

Answer:

$18,000

Step-by-step explanation:

500 per month and there’s 36 months, so:

500 * 36 = 18,000

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