teriushumphrey1 teriushumphrey1

14-07-2019
Mathematics

contestada

What's the dífference between paying $10,000 cash for a car or paying a loan of $200 per month for 60 months?

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freckledspots freckledspots

14-07-2019

Answer:

The loan will cost you 2000 dollars more.

Step-by-step explanation:

If you pay 200 per month for 60 months, then you are paying 200(60) after the 60 months.

200(60)=12000.

So the loan will cost you 12000.

The difference between paying 12000 and 10000 is 2000.

The loan will cost you 2000 dollars more.

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