The delivered price of leah st clairs new car is 22450. she makes a 2800 down payment and pays the balance in 36 monthly payments of 612. what total amount did leah pay for the car? how much was the finance charge?

Total amount paid for the Car=$24,832

Finance Charge=$2,382

Step-by-step explanation:

Down payment on the Car=$2800

Number of Monthly Installments=36

Amount Paid Per Installment=$612

Total Monthly Installment Paid=36*$612=$22032

Therefore, the Total Amount Paid for the Car=Down Payment+Total Installmental Payment=2800+22032=$24,832

Next, we determine the finance charge.

Finance Charge=Total Amount Paid for the Car - Delivered Price of the Car

=24832-22450

=$2,382

Therefore:

Total amount paid for the Car=$24,832

Finance Charge=$2,382

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