Chris Gaal wants to purchase a car that costs $12,667 including all fees, taxes, etc. He has to make a 10% down payment and finance the rest through a car loan. How much would the loan be? a) $13,933.70 b) $12,667.00 c) $11,400.30 d) $2,156.20
Chris Gaal wants to purchase a car that costs $12,667 including all fees, taxes, etc. He has to make a 10% down payment and finance the rest through a car loan. How much would the loan be? a) $13,933.70 b) $12,667.00 c) $11,400.30 d) $2,156.20
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Question
Chris Gaal wants to purchase a car that costs $12,667 including all fees, taxes, etc. He
has to make a 10% down payment and finance the rest through a car loan. How much
would the loan be?
a) $13,933.70
b) $12,667.00
c) $11,400.30
d) $2,156.20
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