25.3 is what i got for the first image.
Answer:
3.45
Step-by-step explanation:
Answer:
-Total amount Rafael ended up paying for the motorcycle: $25,186.2
-Interest: $1,586.2
Step-by-step explanation:
You can find the total amount Rafael ended up paying by adding up the down payment plus the result of multiplying the monthly payment for the number of months he paid:
Total payment=3,300+(364,77*60)
Total payment=3,300+21,886.2
Total payment=25,186.2
Now, to calculate the amount of interest that Raphael paid on the loan, you should subtract the price of the motorcycle from the total amount Raphael paid:
Interest=$25,186.2-$23,600
Interest=$1,586.2
