Posted by Janae on Sunday, May 12, 2013 at 7:32pm.
Forrest purchased a car for $20,640. He made a down payment of $2,440. He applied for a fiveyear installment loan with an interest rate of 10.4%. What is the total cost of the car after five years?

financial alg  Ms. Sue, Sunday, May 12, 2013 at 7:38pm
20,640  2440 = 18,200
I = 18,200 * .104 * 5
I = 9,464
18,200 + 9,464 + 2,440 = ?

financial alg  Alexandria, Friday, September 18, 2015 at 2:35pm
i got 30104, this is still not any of the answer choices....
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