Curtis hindle purchased a mountain bike for $650.00 with 75% down. he will make 12 payments of $24.38 each. what is the total amount paid (including down payment and finance charge in dollars? thetotal paid (including down payment is?

Question

Dominique Glenn

Mathematics

11 September, 19:15

Curtis hindle purchased a mountain bike for $650.00 with 75% down. he will make 12 payments of $24.38 each. what is the total amount paid (including down payment and finance charge in dollars? thetotal paid (including down payment is?

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Devan Bird · Answer 1

The cost of the mountain bike is $650.00 with 75% down payment. The down payment that he needs to produce is $487.50. He needs to pay an additional of 12 payments, $24.38 each. This will be added to the money that he needs to pay. The total amount paid is:

$24.38 * 12 payments + $487.50 = $780.06