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19 May, 01:59

Jared is taking out a loan for his car. His monthly payments amount is for $650. If his loan is for 36 months, and he paid down a down payment for $400, what is the total cost of the car for Jared?

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  1. 19 May, 02:18
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    Monthly payment = $650

    payment for 36 months = 36*650 = 23400

    down payment = $400

    total amount = $23400 + $400 = $23800
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