SOLUTION: The cash price for Roger’s new car was $9,428. The dealer required a 20% down payment. The rest was financed. Roger agreed to repay the loan in 36 payments. The monthly payments in
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Question 519067: The cash price for Roger’s new car was $9,428. The dealer required a 20% down payment. The rest was financed. Roger agreed to repay the loan in 36 payments. The monthly payments included the finance charge and came to $231.18. What was the total cost of the car? Answer by rfer(16322) (Show Source):
You can put this solution on YOUR website! 9428*0.2=1885.60 down
231.18*36=8322.48 total finance payments
8322.48+1885.60=$10,208.08 total cost
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