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30 June, 17:33

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

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  1. 30 June, 18:59
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    We are given with the data monthly payments amount to $650 for 36 months and a down payment amount of $400. the total cost is equal to the sum of the downpayment and the monthly payment times the number of months.

    Cost = $400 + $650 * 36

    COst = $23800
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