SOLUTION: Find the total cost of the car if the installment plan is used. Down Payment:$2,100 Monthly Payment:$425 Number of payments:24 Cost:?

Question 1173716: Find the total cost of the car if the installment plan is used.
Down Payment:$2,100
Monthly Payment:$425
Number of payments:24
Cost:?
Found 3 solutions by math_tutor2020, ikleyn, ewatrrr:
Answer by math_tutor2020(3817)   (Show Source): You can put this solution on YOUR website!

total cost = (down payment) + (number of months)*(monthly payment)
total cost = (2100) + (24)*(425)
total cost = 2100 + 10200
total cost = 12300

Answer: $12,300

Answer by ikleyn(52788)   (Show Source): You can put this solution on YOUR website!
.

Cost = Down Payment + Monthly Payment * Number of payments.

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!

Hi, Find the total cost of the car if the installment plan is used. Down Payment:$2,100 Monthly Payment:$425 Number of payments:24 Total cost = $2,100 + 24($425) Wish You the Best in your Studies.

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