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OpenStudy (anonymous):
Jared has 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?
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jimthompson5910 (jim_thompson5910):
He pays $650 a month for 36 months. So multiply that out to find the amount he pays back. Then add on the $400 to get the total cost that Jared paid.
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