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26 June, 12:56

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7. A used motorcycle is priced at $3,438. If you borrow the money for the motorcycle, your payments will be $165 a month for 24 months. How much will you save by paying cash?

A. $500

B. $272

C. $522

D. $350

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  1. 26 June, 13:11
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    Let's calculate how much do you spent paying monthly $165:

    24*165=3960 ($)

    If you pay cash you will spent $3438

    The difference between those two is how much you save paying cash:

    3960 - 3438 = 522 ($)

    The answer is C.
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