You purchase a car from a dealer for $17,500. you pay a $2,500 down payment and finance the balance with a 5 year loan. your monthly payments are $295.20. what is the amount that you finance?

$17712

Step-by-step explanation:

I purchased a car from a dealer for $17,500.

Now, I pay a $2500 down payment and finance the balance with 5 years i.e. (5 × 12) months loan.

The monthly payments are $295.20.  

Therefore, I pay $295.2 every month to finance the balance with interest.

Therefore, the amount that I finance is $(295.2 × 5 × 12) = $17712. (Answer)

The amount which have to finance is $ 17,712

Step-by-step explanation:

Given as :

The cost of dealer = $ 17,500

The down payment for car = $ 2,500

So, The balance amount after down payment = ($ 17,500 ) - ( $ 2,500)                

                                                                               = $ 15,000

The loan of balance amount is finance for 5 year

So, The number of month = 5 × 12 = 60 months

∵ The monthly payment amount = $ 295.20

∴, The total payment for 60 months = $ 295.20 × 60 = $ 17,712

The interest which have to pay = $ 17,500 - $ 17,712 = $ 212

Hence , The amount which have to finance is $ 17,712  Answer

22 and 22

step-by-step explanation:

10 plus 12 equals 22.

12 plus 10 also equals 22 because regardless of what order they're in, they're gonna equal the same thing.

b. 153 students do not participate in sports and seventy-five 12th graders were surveyed