Answered

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vehicle A has a final sale price of $25,000 at 5% interest and financing up to 60 months and vehicle B has a final sale price of $29,000 at 4% interest and financing up to 60 months
how do I solve this and do I have enough information to answer the question and what step would take to solve the problem and how do I calculate the results

Sagot :

The calculation of the interest based on the price given shows that vehicle B has a lower interest.

How to calculate the price?

From the information given, vehicle A has a final sale price of $25,000 at 5% interest and financing up to 60 months. The interest will be:

= (25000 × 5 × 5)/100

= $6250

Vehicle B has a final sale price of $29,000 at 4% interest and financing up to 60 months. The interest will be:

= (29000 × 4 × 5)/100

= $5800

Therefore, the calculation of the interest based on the price given shows that vehicle B has a lower interest.

Learn more about price on:

brainly.com/question/1153322

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