Chan wants to buy a used car that costs $8,500. He took out a loan for the cost of the car, and his payments are $209 per month for four years. At the end of four years, how much more than the car’s original price will he have paid?
Multiply 209 by 12 to find one year which is 2508 Multiply 2508 by 4 to find 4 years which is 10032 Subtract 8500 from 10032 which is 1532 So he paid 1532 more than the cars original price I hope thats understandable!
