You bought a car for $5000 down and made payments of $599.50 each month for 36 months. (a) Find the amount of the payments over the 36 months. $ (b) Find the total cost of the car. $
So, you make a payment each month, for 36 months. how many payments over 36 months. one each month. for 36 months. lets count them. month 1, things are going good, just got the car, probably still has that new car smell. Well seeing as month 1 is a month, and you make a payment "each month". month one has 1 payment. so after month 1 you have made 1 payment. phew month 2, month 2 you make 4000340 payments in a row, but your internet cuts off just as you sign for it! you try again but only manage to make 1 payment month 3, month 3 was a bad month, your boyfriend left you, your cat ran away. It rained nearly constantly. But since month 3 is a month and you make a payment every month, you made moth 3 payment yay. month 4, cats back, no sign of boyfriend though. Scumbag, forget him. you make the 1 payment again. month 5 - 36. since these are all months, and you make a payment each month, you make 32 more payments. bringing your total up to 1 + 1 + 1 + 1 + 32 = 36 payments for 36 months
wouldn't it be 599.50 * 36= 21,582
I only know short stories sorry
ok
Join our real-time social learning platform and learn together with your friends!