Basic College Mathematics (9th Edition)

Published by Pearson
ISBN 10: 0321825535
ISBN 13: 978-0-32182-553-7

Chapter 4 - Decimals - 4.4 Multiplying Decimal Numbers - 4.4 Exercises: 52

Answer

$\$25,172.96$

Work Step by Step

We know that Chuck will need to pay $\$420.27$ per month for four years ($4*12=48$ months). Thus the total sum of monthly payments will be: $\$420.27/month*48~months=\$20,172.96$ In addition, Chuck will pay the down payment of $\$5000$. Therefore, his total car payments will be: $\$20,172.96+\$5,000=\$25,172.96$
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