Mathematics, 07.02.2022 17:40 naterasjen6531
Ken pays a down payment of 20% on the cash price of a car and this amounted to $30,000. He is due to pay an installment of $3,600 per month for 3 years. Calculate:
(i) The cash price of the car
(ii) The amount Ken would have paid in installments
(iii) The total Ken would have paid for the car
(iv) The amount that Ken would have saved by buying the car cash
Answers: 3
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Ken pays a down payment of 20% on the cash price of a car and this amounted to $30,000. He is due to...
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