For the car loan described, give the following information.
A newspaper advertisement offers a $4,500 used car for nothing down and 36 easy monthly payments of $157.62.
(a) amount to be paid
36 * 157.62 = 5,674.32
To calculate the amount to be paid for the car loan, you need to multiply the monthly payment by the number of payments. In this case, the monthly payment is $157.62 and the number of payments is 36.
Amount to be paid = Monthly payment x Number of payments
Amount to be paid = $157.62 x 36
Amount to be paid = $5,675.32
Therefore, the amount to be paid for the car loan described is $5,675.32.