Carlee purchased a motorcycle for $9,941. She made a down payment of $3,795. She applied for a four-year installment loan with an interest rate of 13.2%. What is the total cost of the motorcycle after four years?

$12,848.64

$16,643.64

$7,943.52

$11,738.52

Question

Carlee purchased a motorcycle for $9,941. She made a down payment of $3,795. She applied for a four-year installment loan with an interest rate of 13.2%. What is the total cost of the motorcycle after four years?

 $12,848.64

 $16,643.64

 $7,943.52

 $11,738.52

tkhunny · Answer

9941 - 3795 = ???

There is the amount financed.  Now what?

anonymous · Answer

idk im completely lost with this