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A used Auto Trader offers a certified pre-owned car for $10,250 nothing down and 25 easy payments of 5450: Find the following:a. Amount to be paid:b. Amount of the Interest:

Respuesta :

With 25 payments of $450 each, the total amount to be paid will be:

[tex]25\cdot450=11250[/tex]

The total amount to be paid is $11250.

Being $10250 the price of the car, the total amount paid for interests is:

[tex]11250-10250=1000[/tex]

The amount of interest paid was $1000.

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