Mathematics, 25.03.2020 20:31 lauryngrace37
Rosario shops for a used car. The finance department at the car dealership she is shopping with informs
her that she qualifies for a $15,000 loan with no down payment and payments of $451 for 3 years. Rosario
explains that she cannot afford $451 per month. The car dealer offers two additional options. Neither option
requires a down payment. The first has monthly payments of $293 for 60 months. The second option is
72 monthly payments of $241. How much interest will Rosario pay on each of the three loans?
Answers: 2
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