Audrey is buying a new car for $32,998 she plans to make a down payment of $4200 if she makes monthly payment of $225 for the next five years what AARP has she paid

Respuesta :

32,998 -4,200 = 28,798 Total Loan Amount
 
Monthly Loan Payments = 225 for  months = 13,500.00 for five years

This amount doesn't equal the principal so the problem could be worded incorrectly.


 

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