Buying a Car

The cost of a car is $25,000 and there is a 15% down payment. What is the down payment amount?

• $375,000

• $2,500

• $3,750

The cost of a car is $25,000 and the down payment is $3,750. What is the total amount to be financed?

• $28,750

• $21,250

• $20,000

The monthly payments for a car are $513.80 for 4 years (change to months). What is the total amount to be repaid?

• $24,662.40

• $18,496.80

• $2,055.20

The total amount to be financed is $21,250 and the total amount to be repaid is $24,662.40. What is the total interest?

• $400

• $21,250

• $3,412.40

The cost of a car is $22,000 and there is a 10% down payment. What is the down payment amount?

• $220,000

• $2,200

• $1760

The cost of a car is $22,000 and the down payment is $2,200. What is the total amount to be financed?

• $19,800

• $24,200

• $20,000

The monthly payments for a car are $361.97 for 5 years (change to months). What is the total amount to be repaid?

• $1,809.85

• $21,718.20

• $24,662.40

The total amount to be financed is $19,800 and the total amount to be repaid is $21,718.20. What is the total interest?

• $1,918.20

• $6,734.60

• $523.45

Base Price $34,460

Optional Equipment Description

Touch Screen DVD/Navigation $2,300

Roof Rails $150

Spare Tire $75

Destination Charge $1,175

Jill Roughly is shopping for a new minivan. A portion of the sticker for a minivan is shown above. What is the sticker price for this vehicle?

• $2,525

• $34,440

• $38,160

Taisha Jones is shopping for a luxury sports utility vehicle with a base price of $63,195. She wants to add the following options: a panoramic power sunroof for $1,500 and a set of manual folding second row bucket seats for $795. The destination charge is $1,295. What is the sticker price?

• $66,785

• $51,970

• $69,987