Roy purchased a 2010 model sedan for $21,000. The dealership offered him a $149 / month payment plan for 60 months, at the end of which the unpaid balance will be due. If the interest rate is 6%, find the total cost of this vehicle, including the balloon payment.
A. $25,000
B. $24,448
C.$29,726.27
D.$26,870.12
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Home » Mathematics » Roy purchased a 2010 model sedan for $21,000. The dealership offered him a $149 / month payment plan for 60 months, at the end of which the unpaid balance will be due.