Answer:
a. $24,512.32
b. $712.32
Step-by-step explanation:
a. A price of car $15,300, Tony made a down payment of $3900 so car has $11,400 left of a price and took out a loan.
He paid monthly payments of $252.34 for 4 years. Which mean $252.34 is paid for 48 months, multiplication $252.34 and 48 are $12,112.32. So we have monthly payments is $12,112.32
The total amount Tony ended up for the car is $11,400 + $12,112.32 = $24,512.32
b. The interest Tony pay on the loan is $12,112.32 - $11,400 = $712.32
