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31. If you buy a $23,500 car for $1000 down and monthly payments of $554.59 for 48 months, how much will you pay in total for the car? Round your answer to the nearest dollar.$

Respuesta :

To determine how much will you pay in total for the car we multiply the monthly payments for the time you pay them and add the down payment; then in this case we have:

[tex]1000+48(554.59)=27620.32[/tex]

Therefore you will pay a total of $27,620 in total for the car.

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