Question

Question #df844

Answer 1

Total price of the car is `$45080.`

Over 80 payments he will pay `$520.63` for each installment.

Explanation:

Total price of car is 35 payments of $1190. plus the balance owed:

`35*($1190.)+$3430.= $45080.`

80 payments means Samuel pays less per installment, but the time required to pay is longer.

If the total price were to be spread over 80 payments:

`($45080.)/80=$563.50`