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The total cost of the truck is $16,000

What is the total cost?

We know that first, we have a down payment of $4000.

And then we have a monthly payment of $250 for 4 years. In each year there are 12 months, then in 4 years there are:

4*12 = 48 months.

Then the student needs to pay $250 48 times, this is:

$250*48 = $12,000

Then the total cost is:

$12,000 + $4,000 = $16,000

The total cost of the truck is $16,000

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