Jared had taken out a loan for his car. His monthly payments amount to $650. If his loan is for 36 months, and he paid a down payment of $400, what is the total cost of the car for Jared? A:$15,050. B:$23,800. C:$28,300
So if he is paying $650 a month and his loan is for 36 months, you would do 36 x 650 = 23,400 then you add the down payment of $400 and $23,400 + $400 = $23,800