Question

Tonia Walsh bought a new car with a $2,000 down payment andmonthly payments of $274.50. How much did Walsh pay, in total, forher new car?

Answer 1

For this case we know that the downpayment was 2000$ we can notate this as P.

We also know that he monthly payments for this case are 274.50$.

Since we don't have the period of times for this case we can set up the solution like htis:

$T=2000+274.50\cdot t$

Where T is the total amount paid and t represent the number of months paid.