Suppose you want to buy a new car that costs $32,100. You have no cash - only your old car, which is worth $4000 as a trade-in. The dealer says the interest rate is 4% add-on for 2 years. Find the total amount to be repaid. The total amount to be repaid is $ (Simplify your answer.) Enter your answer in the answer box. Show download (18),jpg photo-144098589...jpg 4. ntitled presentati.pdf hp hp

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Suppose you want to buy a new car that costs $32,100. You have no cash - only your old car, which is worth $4000 as a trade-in.
The dealer says the interest rate is 4% add-on for 2 years. Find the total amount to be repaid.
The total amount to be repaid is $
(Simplify your answer.)
Enter your answer in the answer box.
Show
download (18),jpg
photo-144098589...jpg
4.
ntitled presentati.pdf
hp
hp
Transcribed Image Text:Suppose you want to buy a new car that costs $32,100. You have no cash - only your old car, which is worth $4000 as a trade-in. The dealer says the interest rate is 4% add-on for 2 years. Find the total amount to be repaid. The total amount to be repaid is $ (Simplify your answer.) Enter your answer in the answer box. Show download (18),jpg photo-144098589...jpg 4. ntitled presentati.pdf hp hp
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