To calculate the amount financed, we need to subtract the down payment from the cash price of the used car.
Amount financed = Cash price - Down payment
Amount financed = $4,100 - $50
Amount financed = $4,050.
From this partial advertisement:
$95.10 per month for 60 months
$4,100 used car cash price
$50 down payment
Calculate the amount financed.
1 answer