Ms. Schade bought a car with 20% down payment, which was $5,570.00. The rest of the payments of the car she will finance. A. What was the price of the car? B. what is the part of the cost that Ms. Schade will finance? C. Financing the car will add 30% to the cost because of interest. how much money will Ms. Schade actually finance? Show your work.

Question

Mathematics

Ivan Nolan

11 May, 07:24

Ms. Schade bought a car with 20% down payment, which was $5,570.00. The rest of the payments of the car she will finance. A. What was the price of the car? B. what is the part of the cost that Ms. Schade will finance? C. Financing the car will add 30% to the cost because of interest. how much money will Ms. Schade actually finance? Show your work.

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Answers (2)

Know the Answer?

Hailey Solomon · Answer 1

Add 20% + 30% and change that to a decimal and divide that by 5570.00

Cristal Chase · Answer 2

Down payment times. 20 - 27,850 price of the car.

27,850 - down payment = 22,280 financed

22,280 times. 30 = 6684. 22280 plus 6684 = 28964 total financed.