Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.
Sagot :
9514 1404 393
Answer:
total purchase price: $27,722.01
Step-by-step explanation:
The price of the car plus tax is ...
$25,625 × (1 +7.5%) = $27,546.88
Adding license and title charges brings the total to ...
$27,546.88 +175.13 = $27,722.01 . . . total purchase price
_____
Additional comment
10% of that, or $2,772.20, will be the required down payment, leaving a balance due of $24,949.81. The payments on a 36-month loan at 9% will be $793.40, for a total loan cost of $28,562.30. Then the full cost of the car, including financing, is $31,334.50. The cost of the financing is $3,612.49.
We hope this was helpful. Please come back whenever you need more information or answers to your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.