SOLUTION: A car dealer will sell you the $16,450 car of your dreams for $3,270 down and payments of $339.70 per month for 48 months. What is the total amount paid for both car and financing?

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Question 581612: A car dealer will sell you the $16,450 car of your dreams for $3,270 down and payments of $339.70 per month for 48 months. What is the total amount paid for both car and financing? (Round your answer to the nearest cent).

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
A car dealer will sell you the $16,450 car of your dreams for $3,270 down and payments of $339.70 per month for 48 months. What is the total amount paid for both car and financing?
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total amount = 3270 + 48*339.70 = $19,575.50
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Cheers,
Stan H.
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