Question: (b): Your answer is incorrect. To pay for a $19,100 camper, Bob made a down payment of $3400 and took out a loan for the
(b): Your answer is incorrect. To pay for a $19,100 camper, Bob made a down payment of $3400 and took out a loan for the rest. On the loan, he paid monthly payments of $282.12 for 5 years. (a) What was the total amount Bob ended up paying for the camper (including the down payment and monthly payments)? $20327.20 (b) How much interest did Bob pay on the loan? SA X S HE
To pay for a $19,100 carnper, Boh niade-a dawn payment of $3400 and rook out i loan for the rest. On the loan, he paid monthiy payments of 5282.12 for 5 rears. (a) What was the intai amount bob ended up payng for the camper cinduding the down parment and menthly poymonts)? 320137.20 (b) How mush uteres did Dob pay on the loam
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
