Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.6 Cars - Exercise Set 8.6 - Page 548: 28


The statement does not make sense.

Work Step by Step

The statement does not make sense. Paying off a car loan means that we no longer have to pay any money to buy the car. However, liability coverage is related to insurance; it is not related to buying the car. Even when we pay off a car loan, we are still required to have insurance when we drive the car.
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